Daily Review of Epichlorohydrin: Market Depression

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 9, 2010: The domestic epichlorohydrin market is depressed and the center of gravity is down.
On the last trading day (November 8), the mainstream transaction price in East China in the mainstream market maintained a range of 14,800-15,000 yuan/ton for the time being.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market continued to be sluggish that day, some offers were low at RMB 14,500/ton, and the negotiation range was lower, and there was no shortage of low-end prices at RMB 14,300/ton.
It has been heard that the low-end prices are mostly core factory prices, and real deals are scarce.
The second round of energy saving and emission reduction is about to begin recently.
The downstream epoxy resin construction situation remains to be seen, the demand will hardly change, and the end users still wait and see.
The market continues to be sluggish and the negotiation atmosphere is bleak, terminal transactions are not good, and the price of raw materials (liquid chlorine) is falling, which all bring unfavorable guidance to spot prices; some manufacturers lack quotations and market prices are chaotic.
Negative purchases by households, suppressed demand, and "empty" air, are expected to continue to fluctuate downwards, waiting for clear guidance from manufacturers.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 15,000 yuan/ton, the high-end price is reduced by 500 yuan/ton, the mainstream transaction price is 14800-15,000 yuan/ton; the mainstream quotation in Huangshan area is 15,000 yuan/ton, the high-end price is reduced by 500 yuan/ton , The mainstream transaction price is 15,000 yuan/ton; the mainstream quotation in North China is 1,500 yuan/ton, the high-end price is reduced by 500 yuan/ton, the mainstream transaction price is 14500-15,000 yuan/ton; the mainstream quotation in South China is 15500 yuan/ton, and the high-end price is reduced by 500 yuan/ton , The mainstream transaction price is 15300-15500 yuan/ton.

On the trading day (November 8), the epichlorohydrin raw material market was positive.

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