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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 15, 2010: The domestic epichlorohydrin market is turbulent, and the market is temporarily stable.
On the trading day (November 12), the mainstream transaction price in the mainstream market in East China was temporarily maintained at a low range of 14,000 to 14,300 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the spot market prices were messy on that day, and individual manufacturers’ quotations were very low, worsening the situation.
Market confidence was further frustrated, and the industry’s mentality was panic; Sufficient supply, waning willingness to take goods from terminals, gradual increase in seller inventory pressure, low-price promotions of some manufacturers, absence of offers, strong downstream wait-and-see atmosphere, weak actual trading willingness, continued weakness and volatility, and some manufacturers may adjust accordingly.
The epichlorohydrin external disk market is weak and stable, and the atmosphere is bleak.
The market in Southeast Asia is US$2200-2250/ton CFR, and the offer of tank cargo in India has dropped by US$50 to US$2300-2350/ton CFR.
Downstream factories are cautiously waiting and taking goods.
The enthusiasm is not high.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 14300-14500 yuan/ton, the mainstream transaction price is 14000-14300 yuan/ton; the mainstream quotation in Huangshan area is 14000-14500 yuan/ton, the mainstream transaction price is 14000-14300 yuan/ Tons; mainstream quotations in North China are 14000-14500 yuan/ton, mainstream transaction prices are 14000-14300 yuan/ton; mainstream quotations in southern China are 14800-15000 yuan/ton, mainstream transaction prices are 14500-14800 yuan/ton.
On the trading day (November 12), the raw materials of epichlorohydrin were still rising.
According to market experts from the China Epoxy Resins Industry Association (www.
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