Daily review of epichlorohydrin: the downtrend remains

[China Epoxy Network (China Epoxy Industry Online)September 15, 2011: Domestic epichlorohydrin continues to be sluggish and the market is bearish.
On the trading day (September 14, 2011), the mainstream transaction price in the East China region of the mainstream market formed a range of 13,200-13,500 yuan/ton, and the low-end was reduced by 200 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the market continued to be at a low level that day, trading merchants’ offers were difficult to offer, the spot circulation resources were sufficient, and the market was in a downturn.
Downstream users are not in a hurry to replenish goods, and continue to wait and see to digest the previous inventory, and the transaction is not good; the market gapped and opened slightly in the past week, the main manufacturers' quotations frequently dropped, the intermediate merchants passively followed the decline in a narrow range, the "air" was filled, and the cash was delivered.
It can even be under 13,000 yuan/ton, and the acceptance and delivery of 13,500 yuan/ton is precarious.
Downstream buying is not expected to buy or falling, buying interest is lacking, transactions are bleak, and most positions are replenishment on demand.
Demand is temporarily difficult to increase in peak season, and spot is expected to fluctuate .
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 13,500 yuan/ton, the high-end price is reduced by 300 yuan/ton, the mainstream transaction price is 13200-13500 yuan/ton, and the low-end price is reduced by 200 yuan/ton; the mainstream quotation in Huangshan area is 13500-13800 RMB/ton, the high-end price is reduced by 200 RMB/ton, the mainstream transaction price is 13500-13600 RMB/ton; the mainstream quotation in North China is 13200-13500 RMB/ton, the low-end price is lowered by 300 RMB/ton, the mainstream transaction price is 13000 RMB/ton, and the high-end price is lowered 100 yuan/ton; mainstream quotations in South China are 1400 yuan/ton, high-end prices are lowered by 300 yuan/ton, mainstream transaction prices are 13700-14000 yuan/ton, and low-end prices are lowered by 200 yuan/ton.

On the trading day (September 14, 2011), the epichlorohydrin raw materials were mainly sorted out.