Daily Review of Epichlorohydrin: The Overcast Fall

[China Epoxy Network (China Epoxy Industry Online)May 14, 2012 news: Domestic epichlorohydrin is falling within a narrow range, and the weakness continues.
On the last trading day (May 11, 2012), the mainstream transaction price in East China in the mainstream market began to form a range of 12,000-12,300 yuan/ton, and the high-end price was reduced by 100 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market continued to weaken on that day, and continued to fall within a narrow range.
Manufacturers’ offers continued to decline, and there was strong sentiment in trading.
A small number of offers have dropped to the high-end of shipments.
Terminals are delisted and cautiously wait-and-see.
The negatives are gathered and there are few counter offers.
Many parties encounter shortcomings and the atmosphere changes; related products bisphenol A fluctuates and weakens, external clouds, and its own sluggishness.
Weak bottom plate.
The epichlorohydrin external market sentiment was mild, the spot market in Northeast Asia rose in the early stage, and the regional cargo was tight.
Some offers were offered at US$1950-2000/ton CFR, terminal conflicts, and the counter-offer was US$1850-1900/CFR ton.
The export to South Africa was negotiated for 2250.
USD/ton CFR, sold to Southeast Asia at an offer of 1950-2100 USD/ton CFR.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,500 yuan/ton/ton, the mainstream transaction price is 12,000-12,300 yuan/ton, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in Huangshan area is 12,500-13,000 yuan/ton, mainstream The transaction price is 12,400~12,500 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream price in North China is 12,000~12,500 yuan/ton, the mainstream transaction price is 11,800~12,000 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 12,700 yuan /Ton, the mainstream transaction price is 12,100~12,500 yuan/ton, and the high and low ends are lowered by 100 yuan/ton.

    On the trading day (May 11, 2012), the decline of the epichlorohydrin raw materials was still weak.