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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 10, 2011: The domestic market for epichlorohydrin is still weak and stable.
On the last trading day (March 9), the mainstream transaction price in East China in the mainstream market still remained in the range of 16,500-17,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market trend was complicated and confusing, and the mentality was slightly hesitant.
The high bids and high-end transactions were mostly acceptances.
The cash exchange range was slightly lower and the transactions were light.
Domestic manufacturers’ quotations have maintained stability and the role of market guidance has faded.
Downstream bad news is frequent, and the market is not optimistic.
The support for raw materials is weak; the current spot transaction prices are low and there is still a thousand yuan gap compared with the manufacturers’ quotations.
Some high-end quotations are useless and terminal User pressure is heavy: raw material prices are high, terminal demand is sluggish, financing difficulties are multiple unfavorable, the starting load is difficult to effectively increase, demand is sluggish, and the degree of raw material digestion is low.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 17000-17500 yuan/ton, the mainstream transaction price is 16500-17000 yuan/ton; the mainstream quotation in Huangshan area is 17000-17500 yuan/ton, the mainstream transaction price is 16800-17000 yuan/ton ; The mainstream quotation in North China is 17000-17500 yuan/ton, and the mainstream transaction price is 16200-16500 yuan/ton; the mainstream quotation in South China is 17500-18000 yuan/ton, and the mainstream transaction price is 17000-17500 yuan/ton.
On the trading day (March 9), the feedstock of epichlorohydrin showed a momentum of transformation.
(Slightly, see the full version for details)