Daily review of epichlorohydrin: the market is light

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 3, 2009: The domestic epichlorohydrin market is light and stable.
On the last trading day (June 2), the mainstream transaction price in the East China region of the mainstream market basically maintained the range of 8,800 to 9,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trend on the day was slightly stable, but the downstream demand was sluggish and the market transactions were average.
The main manufacturers contracted users mainly supply, as the downstream—— Epoxy resin-parking or reducing the negative, the number of market resources is slightly abundant, and individual manufacturers have raised their ex-factory prices in the early stage, but the current transactions are still mostly following the market.
The raw material propylene market rebounded slightly today, mainly due to the strong crude oil supporting the market and the continuous small increase in downstream polypropylene.
The negotiated price in Shandong area was 6400-6450 yuan/ton, with an increase of 100 yuan/ton; another raw material liquid chlorine market was operating weakly, and the Shandong region discussed The price is 800-900 yuan/ton.
Although the market is still stable, the center of gravity has fallen slightly.
At the same time, the stock market and crude oil have both risen, which has played a certain role in reviving the market.
The market mentality has improved slightly.
Then the demand is always the hidden danger of the market and the focus of attention; the sluggish demand is difficult to change in a short time , Some downstream manufacturers control production and have a pessimistic attitude, and the epichlorohydrin market is mainly weak and consolidating.
In short, the current raw material propylene has rebounded slightly, but in the face of weak terminal demand, the market's positive support is obviously weak, downstream and intermediate merchants are cautious in obtaining goods, and the market wait-and-see atmosphere is strong.
It is expected that the weak market will continue to consolidate and the stalemate will continue.

    On the trading day (June 2), the domestic epichlorohydrin market continued to be sorted out, the weakness was difficult to change, the downstream demand was sluggish, the market operation was flexible, the downstream terminal demand was shrinking, and the lack of favorable support; domestic merchants were mainly stable prices, and their mentality was slightly pessimistic , The market continued to weaken, and the weaker consolidation operation was the main focus.

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