Daily Review of Epichlorohydrin: Unstoppable Downtrend

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 5, 2012: The domestic epichlorohydrin market is still falling and trading is quiet.
On the last trading day (January 04, 2012), the mainstream transaction price in East China in the mainstream market temporarily maintained the range of 11,500 to 12,000 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online) www.
epoxy-e.
cn indicated that the spot market on the same day was the first day after the holiday, and the industry had not yet returned to the market, sporadic reports were sluggish, and there were few high-end manufacturers.
Inertia wait-and-see, the solid market continues to fall, and the market outlook is still weak; the current weak atmosphere in the market is strong, the overall trading has stagnated, the downstream replenishment on demand, the demand is difficult to support, the new year holiday returns, the terminal is still more digesting the previous inventory, Expected to return to the market during the week, but the Lunar New Year is approaching, it is difficult to stimulate the enthusiasm for firm trading in the market.
In short, the market is sluggish, the industry lacks confidence in the market outlook, the start of the resin is easy to fall but it is difficult to rise, and the demand is shrinking.
In short, the Spring Festival is approaching and the market continues to be weak, and the risk of market downturn still exists.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,000-12,100 yuan/ton, the mainstream transaction price is 11,500-12,000 yuan/ton, and the center of gravity is downward; the mainstream quotation in Huangshan area is 12,000-12,300 yuan/ton, and the low-end price is lowered by 300 yuan/ Ton, the mainstream transaction price is 12,000 yuan/ton, the high-end price is reduced by 100 yuan/ton; the mainstream quotation in North China is 11,800-12,000 yuan/ton, the low-end is down 100 yuan/ton, the mainstream transaction price is 11,500 to 11,700 yuan/ton; the mainstream quotation in South China 12500-12600 yuan/ton, the mainstream transaction price is 12000-12500 yuan/ton, the center of gravity goes down.

On the trading day (January 04, 2012), the epichlorohydrin raw materials were mainly organized, and the trend was temporarily stable.