Daily review of epichlorohydrin: weakening trend

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 4, 2009: The domestic epichlorohydrin market is weak and the focus is difficult to support, on the trading day (December 31) ) Although the mainstream transaction price in the East China region of the mainstream market is still on the 6,000 yuan/ton platform, the trend of weakening is obvious.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market was weak and stable on the day.
The mainstream negotiation is 6000 yuan/ton, which is already the delivery price, and some large orders are slightly lower.
It has been heard that the holiday is approaching, the popularity is fading, the overall trading situation is flat, the business is thin, the main manufacturers continue to control the start, and the market has little room for further fluctuations.
Following the domestic manufacturers’ price adjustments and the market entering a narrow consolidation stage last week, there are still Several signs of downward movement fluctuated around 6,000 yuan/ton; that day was the last trading day of 2008, the downstream limited periodic replenishment has come to an end, the hot spot is temporarily lacking, the bearish atmosphere is overwhelming the market, and the raw material market is relatively stable and still narrow.
Mainly amplitude fluctuations.
The domestic market has been difficult to pick up for a long time, and manufacturers are committed to expanding exports.
From January to November, my country’s epichlorohydrin export volume was 6460.
307 tons, an increase of 16.
75% over the same period last year.
Among them: Bohui Chemical exported 5801.
928 tons, accounting for 89.
81% of total exports, mainly Since the beginning of material processing trade, the main export direction is South Korea; Yangnong Chemical exported 640.
911 tons, accounting for 9.
92% of the total export volume.

    On the last trading day (December 31), the domestic epichlorohydrin was the weak performer and was consolidating within a narrow range.

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