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[China Epoxy Network (China Epoxy Industry Online)October 26, 2011 News: The domestic epichlorohydrin market continues to decline, and the range is withdrawn again.
On the last trading day (October 25, 2011), the mainstream transaction price in East China in the mainstream market began to form a range of 12,300-12,500 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 spot market fluctuated within a narrow range on the day, with few firm offers, slightly lower reference discussions, and limited transactions and market conditions.
The main manufacturers have cut prices to reduce inventory, and the transaction volume remains unsatisfactory.
There are still more parking to avoid risks in the downstream, and demand support is still lacking.
Whether the weak market can form support remains to be seen.
It is expected that the weakness will continue and there is still the possibility of price cuts; it will be popular in the commodity market.
As a boost, related products, bisphenol A, are beginning to take shape.
They opened higher in early trading and most of the attention of downstream industries focused on this.
The focus of the industry has shifted and its impact is yet to be evaluated.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,500 yuan/ton, down by 500 yuan/ton, the mainstream transaction price is 12,300~12,500 yuan/ton, and the low-end price is down 200 yuan/ton; the mainstream quotation in Huangshan area is 12,600 yuan/ton , Decrease 400 yuan/ton, mainstream transaction price 12,500-12600 yuan/ton, low-end down 200 yuan/ton/high-end down 100 yuan/ton; mainstream quotation in North China area 12,500 yuan/ton, low-end down 500 yuan/ton, mainstream The transaction price is 12000-12500 yuan/ton, and the low-end price is lowered by 500 yuan/ton; the mainstream quotation in South China is 13000 yuan/ton, and the price is lowered by 500 yuan/ton.
The mainstream transaction price is 12800-13000 yuan/ton, and the low-end price is lowered by 200 yuan/ton.
On the trading day (October 25, 2011), the raw material of epichlorohydrin hardly improved.
(Slightly, see the full version for details).