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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on October 21, 2009: The domestic epichlorohydrin market is still in fatigue and has not yet stopped slipping.
On the last trading day (October 20), the mainstream transaction price in East China in the mainstream market fell again to 10,100-10,300 yuan/ton, down 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the weak market continued on that day, and the atmosphere remained low.
The downstream manufacturers had a buying and not buying mentality and were cautious in entering the market.
The previous negotiation level was approaching 10,000 yuan/ Tons of mark and small orders are mainly traded.
The raw material propylene is mainly consolidated, and liquid chlorine has declined locally.
This has put pressure on the abundant supply of ring chlorine, and most downstream sources purchase on-demand and lack support.
At present, prices have continued to decline slowly, market transactions are not many, and weakness continues, domestic manufacturers' installations are running smoothly, market supply is still relatively abundant, trading merchants and downstream manufacturers are watching and entering the market more cautiously.
The raw material propylene continues to remain stable.
Manufacturers in Shandong are quoting 8,600-8800 yuan/ton, and actual negotiations are 8600-8650 yuan/ton.
It is expected that the recent negotiations will be maintained.
If crude oil prices continue to rise, there is still room for a slight increase; liquid chlorine market conditions Weak operation, part of Shandong area fell below 1,000 yuan/ton, and the transaction was average.
The downstream epoxy resin market is operating weakly, and manufacturers still pay more attention to the trend of epichlorohydrin and downstream follow-up.
The raw material market is temporarily up and down, and the support of oxychloropropane is limited.
The inventory changes and sales strategies of major manufacturers continue to receive extensive attention from all parties.
It is expected that the recent weak market will be difficult to change.
On the last trading day (October 20), the domestic epichlorohydrin market was still in decline, there were not many transactions, the trading atmosphere was thin, and the sellers were cautious in entering the market.
They still wait and see the trends of major manufacturers and the negotiation interval continues to move downward; the current period basically continues last week.
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cnwww.
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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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