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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on May 11, 2009: The domestic epichlorohydrin market continues to fall, and the low-end plunges again.
On the trading day (May 8th) The mainstream transaction price in the East China region of the mainstream market has formed a range of 8500-9000 yuan/ton, and the low-end is reduced by 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s trading atmosphere on the day was dull, and overall shipments were few.
Actual negotiations were mainly mid-end and lower levels were also heard.
Downstream demand was sluggish.
The market is still mainly waiting and watching.
Recently, the downstream demand is subject to sluggish demand and the market continues to decline; the market transaction atmosphere is thin, and the wait-and-see sentiment continues to be enveloped.
If the raw material propylene market is stable and the liquid chlorine market continues to fall, the cost support is worrying about the market outlook, and the overall market lacks favorable conditions.
Factors, epichlorohydrin continues to operate weakly and decline.
The lack of market transactions and the continuous decline in market conditions have increased the wait-and-see sentiment of the downstream industries.
Major domestic merchants are actively shipping products, but the downstream market demand is sluggish, receiving goods cautiously and transactions are limited.
The trading atmosphere in the downstream market is weak, and merchants’ active disposition has become another bad news, adding to the wait-and-see purchase of epoxy resin, partial parking to digest inventory and wait-and-see the market outlook, and overall buyer confidence is seriously lacking.
At present, the spot supply in the domestic market exceeds demand, the downstream consumer demand is sluggish, and it is not sensitive to low prices.
Under the buying mentality of buying up and not buying down, continue to wait and see the market as the main market, the market is still weak, spot transactions are not many, and the market is still difficult to be optimistic.
, Prices continue to fall, and actual shipments are weaker.
On the last trading day (May 8), the domestic market price of epichlorohydrin was sluggish and still slightly lower, and downstream plants continued to join the parking ranks, the overall operating load was not high, the demand continued to be sluggish, the wait-and-see atmosphere was strong, and the overall discussion was seldom; The low-end quotations in the market are frequent, the number of transactions is limited, the wait-and-see atmosphere is relatively strong, and the mentality is relatively pessimistic.
The market continued to weaken and run downward, and the focus of domestic market discussions continued to fall.
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