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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on May 31, 2010: The low end of the domestic epichlorohydrin market has been shown and the fatigue continues.
On the last trading day (May 28), the mainstream transaction price in East China in the mainstream market has not yet deviated from the 16,000 yuan/ton platform, but the low-end is taking shape.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market was still weak on the day and was in decline.
The manufacturers jointly insured the price of 16,500 yuan/ton, and the downstream high-end parties resisted wait and see, and some contract purchases were normal.
In terms of volume, the intermediary sources of supply are weak in trading, and scattered small orders are mainly available for use.
Some transactions can be at 15,500 yuan/ton; propylene external disks plummeted, Chinese spot prices were weak, external disks stagnated and consolidated, CFR China reference negotiation level 2100~ At US$2,150/ton, importers are cautious in entering the market, the market is colliding with shocks, and buying intentions have declined.
The upstream propylene market has stabilized in various regions, and the price in Shandong is 8700-8800 yuan/ton.
The refinery's mentality is slightly better, and the oil price is expected to stabilize and reverse; the overall situation of the liquid chlorine market is stable, the pace of low-end price shipments has slowed, and the price in Shandong is 1500-1800 Yuan / ton.
In the downstream industry, epoxy resins have fallen in raw materials, weakened consumer demand, weakened market conditions, chaotic spot prices, and price adjustments are uneven and uneven.
Some manufacturers report high prices and low prices, and there are no lack of plans to reduce negative losses.
During the week, manufacturers were relatively high-end manufacturers jointly insured prices, downstream buyers passively purchased and confronted with them, external stocks continued to be tight, raw material propylene plummeted in the early stage, market transactions were scarce, and manufacturers were mainly stable at the end of the month, and the downstream atmosphere was downturn and low-priced goods were frequent.
Now.
On the last trading day (May 28), the domestic epichlorohydrin market remained stable at the end of the month without adjustments, the narrow range fluctuation continued, and the weak and weak pattern remained.
Manufacturers quoted at 16,500 yuan/ton, and some were temporarily stable.
Do you want to browse the unsaturated resin market information? Click to enter www.
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cnwww.
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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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