Daily review of epichlorohydrin: wait and see more

[China Epoxy Network (China Epoxy Industry Online)December 6, 2011 News: The domestic epichlorohydrin market is mostly wait-and-see and temporarily reorganized.
On the trading day (December 05, 2011), the mainstream transaction price in the mainstream market in East China continued to maintain the range of 12,500 to 12,600 yuan/ton, with high-end prices.
According to the analysis by market experts of China Epoxy.
com (China Epoxy Industry Online)the spot market negotiation atmosphere was quiet that day, the offer could be as high as 13,000 yuan/ton, the actual discussion was limited, and the market was deadlocked.
Manufacturers continue to support the market, intermediate merchants have insufficient confidence in the market outlook, sparse firm transactions, and expected high spot fluctuations, and the upward trend is expected to be supported by transaction volume; end users are highly resistant, downstream quotations make up for declines, profits continue to shrink, and parking in some areas reduces negative losses.
Risks, shipments are weak and difficult to vibrate, overall start-ups are easy to fall but difficult to rise, demand is not easy to increase, and transactions are scarce.
Epichlorohydrin external trading volume is small.
In Northeast Asia, 1 order for offshore barrel cargo delivery in December is negotiating USD 1,600/ton CFR, 1 order for 400 tons tank cargo negotiating USD 1,700/ton CFR, and 1 order is shipping 100 tons at the end of November.
Canned goods traded at US$1,850 to US$1,900/ton CFR.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,500-12,700 yuan/ton, the mainstream transaction price is 12,500-12600 yuan/ton, mainly high-end; the mainstream quotation in Huangshan area is 12800-13,000 yuan/ton, the mainstream transaction price is 12,700～ 12,800 yuan/ton, high-end mainly; North China mainstream price 12400 yuan/ton, mainstream transaction price 12000-12100 yuan/ton, high-end mainly; South China mainstream price 13000-13200 yuan/ton, mainstream transaction price 13000-13100 yuan /Ton, mainly high-end.

On the trading day (December 05, 2011), the raw materials of epichlorohydrin continued to be sorted.