Daily review of epichlorohydrin: minor revision

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 8, 2011: The domestic epichlorohydrin market was slightly revised and narrowed fluctuations.
On the last trading day (July 07, 2011), the mainstream transaction price in East China in the mainstream market continued to maintain the range of RMB 12,200 to RMB 12,300/ton.
According to analysis by market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, spot market trading continued to be sluggish that day, demand was slow to increase, terminal consumption progress was slow, and manufacturers’ quotations were temporarily stable and competing Wait and see, trading merchants offer lower offers, bargain-hunting atmosphere is getting stronger, transactions and shipments are still not good, but the momentum of selling and falling is converging, raw materials both closed up, some mentalities were divided, and the trial inquiries were slowly increasing; downstream epoxy resin users' intentions are unknown, Due to pressures such as demand and capital, most of them purchased on-demand and still needed transaction support at the bottom.
The range continued to fluctuate and the wait-and-see atmosphere was strong.
The external market of epichlorohydrin has weakened steadily, the demand is weak, the spot price is declining, and the raw material is under pressure.
There are few discussions in the Asian region.
Refer to the negotiation for 1880-2050 US dollars/ton CFR, and the low-end price is reduced by 20 US dollars/ton.
The offer is concentrated at US$2050~2200/ton CFR, and the buying intention is below US$1,900/ton.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 12,500 yuan/ton, mainstream transaction price is 12,200-12,300 yuan/ton; mainstream quotation in Huangshan area is 12,500 yuan/ton, mainstream transaction price is 12,300-12,400 yuan/ton; mainstream in North China The quotation is 12,300 yuan/ton, the mainstream transaction price is 12,000-12,200 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 13,000 yuan/ton, and the mainstream transaction price is 12,700-12,800 yuan/ton.

On the trading day (July 07, 2011), the epichlorohydrin raw material market stopped falling (omitted, see the full version for details).

On the trading day (July 07, 2011), epichlorohydrin manufacturers temporarily stabilized operations.