Daily review of epichlorohydrin: weak transaction

[China Epoxy Network (China Epoxy Industry Online)November 4, 2011: The domestic epichlorohydrin market continues to cut prices, and the terminal is weak.
On the last trading day (November 03, 2011), the mainstream transaction price in the mainstream market in East China began to form a range of 12,000 to 12,100 yuan/ton, and the high-end price was reduced by 200 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the spot market continued to bear momentum on that day, and some manufacturers’ quotations were lowered by 500 yuan, setting a new low for the year, with pressure slowly increasing and profits.
The space has shrunk, part of the burden has been reduced, the overall operation has been reduced, the price reduction has been promoted, and the effect has been minimal; the downstream panic, the mentality is helpless, and there is no good demand for the demand, the merchants have limited holdings, the follow-up speed is slightly slow, and the firm offers are few.
Mainly follow the market, related products have fallen, and the market outlook is strong.
The decline of epichlorohydrin in the external market is unstoppable, and the buying interest in Asia is light.
CFR China’s main port has been reduced by US$50 to US$1800~1950/ton.
Importers have few talks and no transactions have been heard.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,300 yuan/ton, down by 200 yuan/ton, the mainstream transaction price is 12,000-12100 yuan/ton, and the high-end price is down 200 yuan/ton; the mainstream quotation in Huangshan area is 12,500 yuan/ton, Lower 100 yuan/ton, mainstream transaction price 12300 yuan/ton, lower 200 yuan/ton; mainstream quotation in North China 12200 yuan/ton, lower 300 yuan/ton, mainstream transaction price 11800-12000 yuan/ton, lower-end price lower 200 yuan /Ton; the mainstream quotation in South China is 12,800 yuan/ton, down by 200 yuan/ton, the mainstream transaction price is 12,500-12600 yuan/ton, and the high-end price is down 200 yuan/ton.

On the trading day (November 03, 2011), the raw material of epichlorohydrin was stable and weak, and the consolidation continued.