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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] January 20, 2012: The domestic epichlorohydrin market has fluctuated and unexpectedly corrected.
On the last trading day (January 19, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 12,000 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market on the same day entered into a state of rest as the Spring Festival approached, and trading merchants basically left the market and closed the market, the atmosphere was bleak, and the overall transaction The investment atmosphere has dropped to a "freezing point", the spot price is low, and the downstream market has also basically declared closed and demand has stagnated.
In short, when the time is approaching the end of the year, market participants have left the market one after another, trading has gradually fallen into a state of stagnation, and the sideways slack will continue to operate.
It is expected that the spot market will be consolidated during the holiday season.
The external market for epichlorohydrin is sluggish, and most of the Northeast Asian businesses have left the market for the holidays.
In January, goods were offered sporadically at US$1,850/ton CFR, and the buyer’s buying intention was not high at US$1,700/ton CFR.
The differences were large and unclear.
There are transactions, the downstream epoxy resins are stalemate and consolidate.
Exports are still facing major resistance.
The overall industry is unclear and demand support continues to be weak.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,000-12500 yuan/ton, the mainstream transaction price is 12,000 yuan/ton; the mainstream quotation in Huangshan area is 12,000-12200 yuan/ton, the mainstream transaction price is 12,000 yuan/ton; the mainstream in North China The quotation is 11,600 to 11,800 yuan/ton, and the mainstream transaction price is 11,600 yuan/ton; the mainstream quotation in South China is 12,500 to 13,000 yuan/ton, and the mainstream transaction price is 12,500 yuan/ton.
On the trading day (January 19, 2012), the epichlorohydrin raw materials were diversified and operated.
(Slightly, see the full version for details).