Daily review of epichlorohydrin: weak and hard to change

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 4, 2009: The domestic epichlorohydrin market is difficult to change and is still light.
On the last trading day (June 3), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 8,800 to 9,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market remained weak that day, downstream demand was sluggish, self-pickup prices were slightly lower, delivery was slow, transactions were poor, and the wait-and-see atmosphere was still relatively strong.
The weak market is running steadily and the transaction is average.
Major domestic merchants focused on price stabilization.
In response to the sluggish demand in the weak market, buyers remained cautious in taking the goods as a whole.
The weak consolidation continued and the number of transactions was limited.
The trend throughout the day was slightly stable, and the downstream demand was subject to sluggishness.
The market transactions were average, mainly for contract users, the downstream epoxy resin parking decreased negative growth, the resources were slightly abundant, and the transactions were more in line with the market.
Relevant devices failed to restart after the Dragon Boat Festival, supply pressure was delayed and the market stabilized.
At the same time, the cost advantage was beginning to show.
International crude oil continued to rise, chemical costs supported, and the overall market sentiment appeared to be positive.
This is a comprehensive factor in the current price maintenance.
; However, the downstream demand performance is poor and the shipment is not smooth, and the raw material inventory is still absorbed and the finished product inventory is sold.
The overall start-up is not high and the demand for raw materials is limited.
Therefore, the domestic market has no upward momentum in the short-term, but the downward pressure is not too large.
It depends on the specific operation of the relevant manufacturers after the start of construction of Qilu Petrochemical.

    On the last trading day (June 3), the domestic epichlorohydrin market was weak and difficult to change, and the trend was slightly stable.

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