Epichlorohydrin Daily: Manufacturers lead the rise

[China Epoxy Network (China Epoxy Industry Online)September 6, 2012 news: The domestic market for epichlorohydrin is on the rise with mixed responses.
On the last trading day (September 05, 2012), the mainstream transaction price in the mainstream market in East China still maintained the range of 10,900 to 11,000 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the speculative atmosphere in the spot market reappeared that day, mainstream manufacturers offered to make up for the increase, and intermediate merchants followed suit, and the offers followed.
The low-end supply has decreased, and the transaction volume has not yet increased.
Second-hand merchants and downstream terminals are cautious in replenishing high-end products; customer response to this is flat, holding positions digesting scarce enquiries, and some businesses have slightly different mentalities—because there is still room to disrupt the market before— Rumors of local low prices have emerged; raw material propylene is at a high stalemate, cost reliance still exists, short-term markets are intertwined with long and short prices, and prices are fluctuating.
The scene is slightly chaotic and expected to fluctuate within a narrow range.
Epichlorohydrin showed poor performance in the external market, lack of transactions, and cut it by US$120/ton in August to close at US$1650-1700/ton CFR.
Costs remained firm in September, temporarily stopped falling and stabilized, prices were deadlocked, demand was mediocre, and downstream construction started.
No changes have been seen, and terminal demand remains fragile.
Domestic epichlorohydrin market regional quotation: mainstream quotations in East China are 11,200 to 11,300 yuan/ton, mainstream transaction prices are 10,900 to 11,000 yuan/ton; mainstream quotations in Huangshan area are 11,300 to 11,400 yuan/ton, mainstream transaction prices are 11,000 to 11,200 yuan/ton ; The mainstream quotation in North China is 10,900 to 11,000 yuan/ton, and the mainstream transaction price is 10,600 to 10,800 yuan/ton; the mainstream quotation in South China is 11,300 to 11,400 yuan/ton, and the mainstream transaction price is in the range of 11,100 to 11200 yuan/ton.

On the trading day (September 05, 2012), the epichlorohydrin raw material market fluctuated within a narrow range and remained temporarily: (omitted, see the full version for details).

    On the trading day (September 05, 2012), epichlorohydrin manufacturers made up for the speculation and went long in an all-round way.