Daily review of epichlorohydrin: weak transaction

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 3, 2009: The domestic epichlorohydrin market has weak transactions and limited fluctuations.
On the last trading day (July 2), the mainstream transaction price in the East China region of the mainstream market was temporarily in the range of 9,500-9,700 yuan/ton, with a reduction of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market still fluctuated within a narrow range on that day, and the delivery of goods was slow and unchanged.
Market traders and downstream manufacturers continued to wait and see the atmosphere and actual quotations.
Slightly chaotic, the overall transaction is dominated by small orders, and the market supply is abundant.
The raw material propylene market is operating within a narrow range.
The price in Shandong area is 7600-7700 yuan/ton, and the high-end price is raised by 50 yuan/ton.
It is expected to continue in the near future and high-level negotiations continue, but the downstream trend still needs attention; another raw material liquid chlorine market The sharp drop may not be large.
The negotiation level in Shandong is 700-800 yuan/ton.
It is currently operating on the front line of cost and is expected to operate within a narrow range in the near future.
The market sentiment was calm throughout the day, and the market was mainly organized.
The downstream demand was still weak, the transaction scale was general, and the trend was difficult to change; however, the raw material propylene was supported to a certain extent, and the cost pressure of manufacturers was still large, and some of them had no lack of price increase intentions.
The current demand is poor , Manufacturers are still cautious, short-term market consolidation is the main focus, price fluctuations are limited, and the start of Qilu and other factories in the later period can be seen more.
The market outlook for the propylene market is slightly limited.
In July, the demand may shrink compared with the previous period.
The downstream manufacturers have significantly slowed the delivery of goods, the market mentality is not good, and the epichlorohydrin is operating in a narrow range.

    On the last trading day (July 2), the domestic epichlorohydrin market consolidated within a narrow range and weakened slightly.

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