Daily review of epichlorohydrin: the downtrend expands

[China Epoxy Network (China Epoxy Industry Online)News on March 29, 2012: The domestic epichlorohydrin market is unstoppable and the fatigue is intensified.
On the last trading day (March 28, 2012), the mainstream transaction prices in the East China region of the mainstream market began to enter the range of 12,400-12,500 yuan/ton, and the low-end was reduced by 300 yuan/ton/the high-end was reduced by 500 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market continued to decline on that day, cost support, consumer demand were soft, shutdown equipment restarted, and supply of goods increased slowly.
Increasing expectations of decline and firm offers are rarely heard.
Recently, the overall market has been in a cruel decline.
The downstream is under pressure, the start of work continues to drop, and the process of raw material consumption has further slowed.
This has led to a surge in supplier shipment pressure and forced downward price adjustments.
Spot passive follow-up Down, short-term bears are crazy.
Domestic epichlorohydrin market regional quotation: mainstream quotations in East China are 12500-12700 yuan/ton, down 500 yuan/ton, mainstream transaction prices are 12400-12500 yuan/ton, low-end down 300 yuan/ton/high-end down 500 yuan/ton ; Mainstream quotations in Huangshan area are 12600-12800 yuan/ton, 400 yuan/ton down, mainstream transaction prices 12500-12600 yuan/ton, low-end down 300 yuan/ton/high-end down 400 yuan/ton; North China mainstream price 12400～ 12500 yuan/ton, 500 yuan/ton lower, mainstream transaction price 12200-12300 yuan/ton, low-end lower 400 yuan/ton/high-end lower 600 yuan/ton; mainstream quotation in South China 13000-13200 yuan/ton, 500 yuan lower /Ton, the mainstream transaction price is 12900~13000 yuan/ton, the low-end price is lowered by 300 yuan/ton, the high-end price is lowered by 500 yuan/ton.

On the trading day (March 28, 2012), the raw materials of epichlorohydrin were weakly consolidated.