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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 10, 2010: The domestic epichlorohydrin market has continued to decline and continues to decline.
On the last trading day (November 9), the mainstream transaction price in East China in the mainstream market has formed a low range of 14,000 to 14,500 yuan/ton, and the low-end is reduced by 800 yuan/ton and the high-end is reduced by 500 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the weak spot in the market on the day was intensified and prices were chaotic.
Downstream terminals and middlemen were mainly waiting and looking for directions.
The negotiations reached a resistance of 14,000 yuan/ton.
As the raw material propylene heats up, the support slightly rises; however, the market is going down and lower, and it is heard that the inquiries have also increased, and the operation intention is still weak.
Domestic epichlorohydrin market regional quotations: mainstream quotations in East China are 14300-14500 yuan/ton, low-end prices are lowered by 700 yuan/ton, high-end prices are lowered by 500 yuan/ton, mainstream transaction prices are 14,000-14500 yuan/ton, and low-end prices are lowered by 800 yuan /Ton/high-end down 500 yuan/ton; Huangshan area mainstream quotation 14,000-14500 yuan/ton, low-end down 1,000 yuan/ton/high-end down 500 yuan/ton, mainstream transaction price 14,000-14500 yuan/ton, low-end down 1,000 RMB/ton/high-end price is lowered by RMB 500/ton; mainstream quotations in North China are lowered by RMB 14000-14500/ton, low-end price by RMB 1000/ton/high-end prices are lowered by RMB 500/ton, mainstream transaction price is lowered by RMB 14000-14500/ton, lower-end prices are lowered 1,000 yuan/ton/high-end down 500 yuan/ton; mainstream quotations in South China 14800-15,000 yuan/ton 14,000-14500 yuan/ton, low-end down 700 yuan/ton/high-end down 500 yuan/ton, mainstream transaction price 14500~15,000 RMB 800/ton for the low-end and RMB 500/ton for the high-end.
The epichlorohydrin raw material market was partially positive on the trading day (November 9).
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
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