Epichlorohydrin daily review: mostly wait and see

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 9, 2010: The domestic epichlorohydrin market is mostly on the sidelines and the atmosphere is slightly chaotic.
On the last trading day (February 08), the mainstream transaction price in the mainstream market in East China remained at the range of 16,300-16,500 yuan/ton, but the low-end increased.
The market experts of China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market was on the sidelines at the beginning of the week.
It is rumored that the second set of a factory started up, and some manufacturers have increased their intention to ship goods.
The spot market The mentality is more cautious, coupled with weak purchasing intentions and limited trading volume during the holidays, the focus of negotiations is lowered, and some self-raised prices are lower.
Last week, the domestic market fluctuated and stabilized, and the external market continued to pull up to supplement the rise.
This week is approaching the Spring Festival holiday, domestic prices are stable, and the market maintains contracted supply.
As the last week before the Spring Festival, downstream and intermediate businesses have left the market for the holiday.
The market is expected to weaken further.
International crude oil fell sharply in the middle and later last week.
On Friday, it dropped below $70/barrel for three times.
The market sentiment was more wait-and-see.
In addition, the key influence on the market trend-the start of the factory is still the focus of attention.
The end of the weekend is imminent and the market sentiment It's relatively plain.
At present, the main domestic manufacturers are starting to work and are still the core of the industry’s attention.
It is difficult to pass on the cost pressures of the downstream industries.
There is little interest in entering the market and some parking, only a few consume inventory, and the market trading atmosphere is calm; the spot supply continues to be tight, and the pre-holiday market is expected Continuing the high stalemate, continued downstream resistance, and greater resistance to rising, the industry cautiously wait and see manufacturers and purchase on demand.

On the previous trading day (February 8th), the domestic epichlorohydrin quotation was broad, the center of gravity was down, the narrow range was running, and the shock stabilized.
The transaction mainly concentrated on contract users, and the intermediary merchants locked in profit and shipments.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name