Daily review of epichlorohydrin: narrowly weakened

[China Epoxy Network (China Epoxy Industry Online)September 13, 2011: The domestic epichlorohydrin market is sluggish and weakened within a narrow range, on the trading day (2011, 09) September 9) The mainstream transaction price in the East China region of the mainstream market, and then formed a range of 13,400-13500 yuan/ton, down 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was weak in a narrow range on that day, and trading merchants reported falling again, but the atmosphere of discussion was still deserted and there were few inquiries.
Narrow weakness, prominent holiday effects, most downstream users withdraw from the market, the actual trading atmosphere is deserted, and the volume can continue to be scarce; the demand for heavy volume continues to be not optimistic, the market destocking process will continue, and prices may continue to fluctuate, plus Mid-Autumn Festival The holiday is approaching, and industry players tend to wait and see.
It is expected that the short-term market will be weak in a narrow range.
Contract prices in Europe fell, and demand for raw material propylene was weak.
In September, the local price fell by 50 euros to 1,700-1,750 euros/ton FD, and some low-level negotiations fell to 1,650-1690 euros/ton FD.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 13500-13800 yuan/ton, mainstream transaction price is 13400-13500 yuan/ton, down 100 yuan/ton; mainstream quotation in Huangshan area is 13500-14000 yuan/ton, mainstream transaction price 13500～13,600 yuan/ton, high-end price cut by 200 yuan/ton; mainstream quotation in North China area 13500 yuan/ton, mainstream transaction price 13000～13100 yuan/ton, down 200 yuan/ton; mainstream quotation in South China area 14000～14300 yuan/ton, The mainstream transaction price is 13900-14000 yuan/ton, down 100 yuan/ton.

On the last trading day (September 09, 2011), the raw material finishing of epichlorohydrin continued, and the operation remained stable.