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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 7, 2011: The domestic epichlorohydrin market fluctuated at a high level and continued to rise within a narrow range.
On the last trading day (March 4), the mainstream transaction price in East China in the mainstream market began to form a range of 16,500-17,000 yuan/ton, and the high-end price increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market began to rise on the same day.
As the main manufacturers increased and the trading level fluctuated at a high level, the quotation reached 17,500 yuan/ton.
Downstream terminal conflicts, more wait-and-see, purchase on demand, and maintain production; merchants are more difficult to follow up with rising prices, and actual transactions are hovering, and most of them are profitable.
Shipment operations are rallies; manufacturers’ quotations are repeatedly raised and market transactions are late Due to late dystocia, the industry believes that the second round of this wave of upward adjustments, manufacturers seem to be suspected of pulling up shipments, short-term suppliers unilaterally control the market, and the high level shock continues.
Domestic epichlorohydrin market regional quotation: mainstream quotations in East China are 17000-17500 yuan/ton, raised by 500 yuan/ton, mainstream transaction prices are 16500-17000 yuan/ton, and high-end prices are raised by 200 yuan/ton; mainstream quotations in Huangshan area are 17000-17500 yuan/ton RMB/ton, up 200 RMB/ton, mainstream transaction price 16800~17000 RMB/ton, low-end price increase 300 RMB/ton; mainstream quotation in North China region 17000~17500 RMB/ton, increase 500 RMB/ton, mainstream transaction price 16200~ 16500 yuan/ton, low-end price increase of 200 yuan/ton; mainstream quotation in South China 17500-18000 yuan/ton, 5200 yuan/ton increase, mainstream transaction price 17000-17500 yuan/ton, high-end price increase 200 yuan/ton.
On the last trading day (March 4), the raw materials of epichlorohydrin were still reorganized.
International crude oil opened higher and lowered, but the impact on the market was limited.