Daily review of epichlorohydrin: the atmosphere is bleak

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 7, 2010: The domestic epichlorohydrin market has a bleak atmosphere and continues to decline.
On the last trading day (June 4), the mainstream transaction prices in East China in the mainstream market began to form a range of 14,000 to 14,500 yuan/ton, and the low-end was reduced by 400 yuan/ton and the high-end by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was cold on that day and the market continued to fall.
The prices of domestic manufacturers are temporarily unclear.
The downstream is more cautious and wait and see, waiting for the bottom of the market.
14,500 yuan/ton is breaking through, and it is only listed prices for some manufacturers.
Small order negotiations test the resistance level of 14,000 yuan/ton, and the atmosphere drops again and the market drops again.
At present, the main domestic manufacturers, Qilu Petrochemical and Tianjin Chemical, have postponed their listings.
Others are mostly waiting and watching, and low-priced goods are frequently seen in the market.
It is also heard that they have raised lower prices.
With frequent adjustments of raw materials and weak downstream demand, buyers are severely opposed to high-priced raw materials, waiting for the market to become clear.
The external disk was hit by the sharp drop in the Chinese market and fell slightly.
CFR China fell by US$20/ton to US$2080-2150/ton, and Hanwha’s 25,000-ton/year plant completed two weeks of maintenance and resumed operation.
The downstream epoxy resin market continued to be weak.
Most manufacturers said that shipments were blocked and orders were thin, especially solid resins.
The center of gravity continued to drop.
Individuals delivered early orders without spot export pressure, and most of them faced heavy resistance and lowered quotations; downstream devices started construction.
With general decline and shrinking demand, orders for major manufacturers have fallen sharply.
At present, the downstream of epichlorohydrin is generally on the sidelines.
Although the price is falling frequently, there is no obvious sign of entering the market for the time being.
 

    On the last trading day (June 4), the domestic epichlorohydrin market sentiment was sluggish, and all parties waited and watched.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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