Daily review of epichlorohydrin: open the low-end

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 28, 2009: The domestic epichlorohydrin market continues to fluctuate within a narrow range and the low end opens up on the trading day (4 27th) The mainstream transaction price in the East China region of the mainstream market began to be in the range of 11,000-11,500 yuan/ton, and the low-end was reduced by 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to be light on that day, and the main manufacturers’ quotations were firm and stable, still at 13,500 yuan/ton, but the actual negotiations were helpless and low-end.
It is already at 11,000 yuan/ton, and downstream consumer demand is not high, so be cautious to wait and see the market trend.
At present, the domestic market is sluggish, trading is relatively thin, and the wait-and-see atmosphere is relatively strong.
Manufacturers mostly rely on contract supply.
The resource shortage has disappeared.
The downstream mentality of buying up and not buying down, buying cautiously waits and sees, and the overall market is weak and consolidating.
The focus of market negotiations has fallen, and many businesses have made profit-taking.
Although they are speculative, they actually reflect changes in supply and demand.
As imported goods continue to arrive in Hong Kong, low-cost resources impact the market, and the raw material propylene has declined slightly.
End users have a strong wait-and-see atmosphere and are cautious in obtaining goods, and most of them lack confidence in the market outlook.
Imports amounted to more than 5,300 tons in March, with an average price of US$925.
81/ton.
The price was low and the market was slightly suppressed.
In view of the continued weakening of the market, the downstream buying mentality and the wait-and-see atmosphere were strong, the market was slow and the demand was slow.
, Domestic manufacturers continue to work on installations, and the domestic market is expected to operate weakly and slightly decline.

    On the previous trading day (April 27), the domestic epichlorohydrin market consolidated and declined, with few transactions, forming a relatively wide gap, and the wait-and-see atmosphere remained unabated.

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