Daily review of epichlorohydrin: stable at the beginning of the week

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 21, 2009: The domestic epichlorohydrin market was stable at the beginning of the week and remained weak.
On the last trading day (July 20), the mainstream transaction price in the East China region of the mainstream market maintained the range of 9,000-9300 yuan/ton.
According to analysis by market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened at the beginning of the week, with limited changes and weak trading.
The downstream demand is difficult to change, and the wait-and-see atmosphere is relatively strong.
There is currently a lack of transactions.
Supported by the number, manufacturers continue to slump and fall; due to cost and inventory pressure, some manufacturers temporarily stop and wait to see the market trend, consumer demand is difficult to change, and the market fluctuates within a narrow range.
Manufacturers and upstream and downstream trends still need to be paid attention to.
Recently, due to the impact of sluggish domestic demand and abundant spot market resources, the epichlorohydrin market has continued to slump.
During this period, low prices have been suppressed and prices have been pulled to the front line of costs.
It is not uncommon for manufacturers to report high prices and low prices.
Part of the parking lot reduces the burden to ease the pressure.
In short, the market atmosphere is stable and the market situation is mainly organized.
For the time being, there are few transactions and the industry is mainly waiting and watching.
The market is abundant, downstream demand is not good, sellers are under high pressure, and there are still not many inquiries.
The downturn in demand during the week is still difficult to get better.
Whether some parking companies can restart on time and whether the start-up load is adjusted after restarting still needs to be closely monitored.
At present, there is no significant improvement in downstream demand, the continued downturn, the contradiction between supply and demand is still prominent, and the market is difficult to be sluggish.
However, the propylene market has been reorganized at a high level, and the cost of manufacturers is still under great pressure.
The market has limited room for decline and the market is mainly reorganized.

    On the last trading day (July 20), the domestic epichlorohydrin market fluctuated within a narrow range and was still slightly lower.

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