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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 24, 2010: The focus of the domestic epichlorohydrin market is rising and rebounding.
On the last trading day (June 23), the mainstream transaction price in East China in the mainstream market has stabilized in the range of 12,700 to 13,000 yuan/ton, with an increase of 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market fluctuated within a narrow range on the day, the mainstream quotations of manufacturers remained, and the low-end was mainly for contract users, and the market's middle merchants continued to wait and see.
Reluctant to sell, follow the market and actual negotiations, the price will rise, the focus of trading is relatively low, and some downstream companies will be cautious to cover their positions at reasonable prices and pay attention to the production and sales trends of domestic manufacturers.
The epichlorohydrin market fluctuated and sorted out all day, and the quotations of major manufacturers appeared one after another, and some devices were not operating normally, which provided some gimmicks for short-term market speculation.
However, the overall chemical environment and downstream demand are compared with the market launch in April this year.
The occasions are very different.
There is a lack of strong enough support in the short-term, rapid recovery is weak, and the end of the month is approaching, and the spot market is expected to fluctuate.
At present, the overall atmosphere of epichlorohydrin is still weak, and there are still many wait-and-sees after the downstream stage purchases, the market performance is stable and weak, and the transaction is light.
The low-price supply in the market has decreased, downstream on-demand purchases, the wait-and-see atmosphere is strong, and the supply side is still concerned about the trends, the atmosphere is still difficult to quickly and effectively improve.
Although the low-end prices are not many, buyers purchase moderately on demand, and the market's enthusiasm for inquiries fails Boosted, on the contrary, it fell slightly-although the price rose, after all, the demand was weak.
On the last trading day (June 23), the domestic epichlorohydrin market atmosphere was still not active, especially the small and medium-sized users’ inquiries increased, market vendors’ offers were narrowly concentrated, and actual discussions followed closely.
The low-end market was mostly low-end.
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