Daily review of epichlorohydrin: trading is still weak

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on February 11, 2011: The domestic epichlorohydrin market has yet to start, and trading is still weak.
On the last trading day (February 10), the mainstream transaction price in the mainstream market in East China continued to maintain the range of 15,700-16,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market remained thin on the day and the market was running at a high level.
The price is temporarily stable during the week and the downstream needs to be recovered, except for factory contract supply and intermediate circulation.
There are few factual talks, and some selling intentions may increase; manufacturers’ directions need to be further clarified, and the wait-and-see atmosphere is strong.
As many downstream companies take a Spring Festival holiday, demand is waiting to recover, and high-level inquiries are temporarily reduced; international crude oil inventories are high, falling for 5 consecutive days, affecting Limited, the market is focused on gathering supply and demand and waiting for the seller’s policy.
The epichlorohydrin external market is temporarily stable, and Asian prices have stabilized at US$2150-2200/ton CFR.
The Spring Festival holiday has just ended and importers have little talk.
However, the overall inventory of the Asian market is low, and the market outlook is still more cautious and optimistic; the current raw materials in Asia are high Strong, related downstream support, the market is stable and bullish.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 16,000 yuan/ton, mainstream transaction price is 15700～16,000 yuan/ton; mainstream quotation in Huangshan area is 16,000 yuan/ton, mainstream transaction price is 16,000 yuan/ton; mainstream quotation in North China is 15,500 ~16,000 yuan/ton, the mainstream transaction price is 15,500 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, and the mainstream transaction price is 16,200-16500 yuan/ton.

On the last trading day (February 10), the epichlorohydrin raw material market was on the sidelines, international crude oil fluctuated, direct raw material consolidation, support was still there, and costs remained.