Daily review of epichlorohydrin: still weak

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on May 31, 2009: The domestic epichlorohydrin market remains weak, and the focus is on consolidation.
On the trading day (May 27) ) The mainstream transaction price in East China in the mainstream market can still maintain the line of 9,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was affected by the continued sluggish downstream demand that day, the market lacked quantitative support, the market continued to run weakly, and the market outlook was mostly insufficient.
At present, favorable support is still lacking, and negative factors have the upper hand.
The overall market is weak, with few transactions, the last trading day before the holiday, the buyer's enthusiasm for entering the market is weak, the market has a strong wait-and-see atmosphere, and shipments are limited.
The domestic market atmosphere is calm, the trading volume is sluggish, and the consultation is maintained, the self-raised price is slightly lower, the demand of downstream epoxy resin manufacturers is not good, and the wheat harvest is approaching, the farming is busy, and the number of companies that stop or reduce the burden continues to increase, and the intention to purchase raw materials not tall.
The raw material propylene market continues to decline slightly.
The transaction price in Shandong is 6500-6600 yuan/ton.
It is expected that the market will be weak in the near future.
The other raw material liquid chlorine market is trending stable.
The discussion in Shandong area starts to stop rising and falling, and the mainstream ex-factory price is 1100-1200.
Yuan/ton, slightly lower for negotiation.
Zhonghai Jinghua prepares to drive and Qilu Petrochemical continues to stop.
The futures sources are expected to increase, the market is not easy to push up, the market outlook is sluggish, the market is weak and the operation is weak, the market mentality is relatively pessimistic, the confidence is insufficient, the bleak demand situation is not easy to improve in the short term, and it is expected that epichlorohydrin will continue Weak.

    On the last trading day (May 27), the domestic epichlorohydrin market was operating in a consolidating manner.

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