Daily review of epichlorohydrin: the market is slightly weak

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 25, 2010: The domestic epichlorohydrin market is slightly weak and no longer stable.
On the last trading day (February 24), the mainstream transaction price in East China in the mainstream market maintained a range of 16,000 to 16,300 yuan/ton for the time being.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market operating atmosphere on that day was general, the quotation was slightly weak, and the intermediate merchants had reached 16,000 yuan/ton.
The negotiation range was maintained, but the center of gravity shifted downward.
, The low-end is mostly for core contract supply, manufacturers’ high-end prices are ineffectively executed, some of the over-reports are low, and the market direction is difficult to be clear in the short term.
Recently, there have been more rumors of domestic supply improvement and market purchases have been cautious; The market’s wait-and-see atmosphere is unabated and the market is chaotic.
The downstream demand gradually recovers after the holiday.
Generally, there is less stock.
However, the current high price is obvious, and the high market price is not easy.
Buyers and sellers are stuck in a stalemate between longs and shorts.
Production and marketing policy.
The raw material propylene spot market fluctuated within a narrow range.
The external offer was pulled to US$1,300/ton (CFR China’s main port), and the negotiated price in Shandong area was 10,100-10,200 yuan/ton.
It is approaching the end of the month and the foreign market is arriving one after another, restricting the domestic market sentiment in the near future.
Downstream epoxy products are acceptable and will certainly support the market.
At present, the high resistance of epichlorohydrin is still high, the market price is chaotic, and some areas are showing a downward trend.
The market is paying more attention to it.
It is expected that short-term price fluctuations will be mainly within a narrow range.

    On the previous trading day (February 24), the domestic market price of epichlorohydrin was messy and the center of gravity dropped.

Do you want to browse the unsaturated resin market information? Click to enter www.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.