Daily review of epichlorohydrin: shock low

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 27, 2011: The domestic epichlorohydrin market fluctuates at a low level and the center of gravity is falling.
On the last trading day (June 24, 2011), the mainstream transaction price in the mainstream market in East China temporarily maintained the range of 12,500 to 13,000 yuan/ton, mostly at the low end.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn, the spot market continued to hover at a low level that day, the supply of resources was still abundant, the user options were wide, and the buying momentum of downstream terminals was still sluggish.
Trade merchants’ offer range fluctuates within a narrow range, but actual transactions continue to be poor; domestic mainstream manufacturers’ quotations have temporarily stabilized and wait and see, individual inventory pressures have slowly risen, and prices have been surging.
The epichlorohydrin offer market has low prices.
In Northeast Asia (excluding China), the inquiries for canned goods are at US$2150-2200/ton CFR.
In addition, the manufacturer’s July offer for barrels is US$2200/ton FOB.
, About 2300 US dollars / ton CFR, the quotation of canned goods is 50-100 US dollars / ton lower than barrels, there is no market, and no transaction is heard; China's spot market has fallen further, and the calculated US dollar price is about 1950 US dollars / ton FOB.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 13,000 yuan/ton, the mainstream transaction price is 12,500-13,000 yuan/ton; the mainstream quotation in Huangshan area is 13,000-13500 yuan/ton, the mainstream transaction price is 12600-13100 yuan/ton, downward adjustment 200 yuan/ton; the mainstream quotation in North China is 13,000 yuan/ton, and the mainstream transaction price is 12,500-13,000 yuan/ton; the mainstream quotation in South China is 13,500 yuan/ton, and the mainstream transaction price is 13,000-13500 yuan/ton.

On the trading day (June 24, 2011), the raw materials of epichlorohydrin were mainly weak, (omitted, see the full version for details).

    On the trading day (June 24, 2011), the epichlorohydrin manufacturers maintained low-key operations and there is no shortage of adjustment possibilities.