Daily review of epichlorohydrin: weak stalemate

[China Epoxy Network (China Epoxy Industry Online)May 28, 2012: Domestic epichlorohydrin negotiations are warm and cautious.
On the last trading day (May 25, 2012), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of RMB 11,100 to RMB 11,200/ton.
According to analysis by market experts of China Epoxy Network (China Epoxy Industry Online)the spot market was unclear on the day and the atmosphere was confused, the production and sales policies of mainstream domestic manufacturers were vague, there was a lack of clear guidance, and the mentality of the industry fluctuated; downstream; The recovery is hindered, demand support is scarce, the trend is still heavy, the external negatives are gathering, the market decline is unstoppable, and the pessimism is spreading.
The spot market remains weak over the weekend.
There is no obvious overall, and the weakness is expected to continue.
The epichlorohydrin external disk market was weak.
The European FD Northwest Europe closed at 1675-1700 euros/ton, unchanged from last week.
The actual spot transactions were few and some papermaking demand was acceptable.
However, the main downstream epoxy resins were sluggish and the drag was obvious.
The profit margin of manufacturers has shrunk seriously.
The two major local manufacturers, Dow and Solvay, are still stopping, but the spot support has already been overdrawn.
Most of the contract prices in June believe that there will be a smooth transition.
Domestic epichlorohydrin market regional quotation: the mainstream price in East China is 11,300 yuan/ton, the mainstream transaction price is 11,100~11200 yuan/ton; the mainstream price in Huangshan area is 11,400 yuan/ton, the mainstream transaction price is 11,300 yuan/ton; the mainstream in North China is 11100 The mainstream transaction price is RMB 10,800-11,000/ton; the mainstream quotation price in South China is RMB 11,500/ton, and the mainstream transaction price is RMB 11,200-11,300/ton.

On the trading day (May 25, 2012), the raw material of epichlorohydrin was still weak and difficult to improve.