Epichlorohydrin daily review: still bearish

[China Epoxy Network (China Epoxy Industry Online)November 3, 2011: The domestic epichlorohydrin market is still bearish, temporarily finishing.
On the last trading day (November 02, 2011), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 12,000-12,300 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the spot market was weak and difficult to adjust on that day.
Domestic manufacturers cut prices and met expectations, and end customers cautiously purchase on demand and increase trading volume.
It is still not good, related products bisphenol A have risen and fallen, and the market outlook is strong; the external news is negative and has increased the bearish consciousness of the industry.
The cash delivery price of 12,000 yuan/ton is dangerous and it continues to fluctuate at a low level.
There is no lack of price reductions in mainstream factories; currently The market atmosphere is sluggish and manufacturers are imminent to cut prices.
Merchants do not have high holding costs, and most of them follow the market.
Some high-cost sources are still under pressure and transactions are not good.
The downstream orders for products and the market outlook are at a loss.
The buying interest is still weak and news.
Long and short differences are serious, and the overall mentality in the market is cautiously bearish.
In short, bulk commodities enter the callback channel, there are no signs of recovery in terminal demand, and demand support is weak.
It is expected that the market spot low level will continue to be consolidated.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 12,500 yuan/ton, the mainstream transaction price is 12,000-12,300 yuan/ton; the mainstream quotation in Huangshan area is 12,600 yuan/ton, the mainstream transaction price is 12,500 yuan/ton; the mainstream quotation in North China is 12,500 yuan/ton Yuan/ton, the mainstream transaction price is 12,000 yuan/ton; the mainstream quotation in South China is 13,000 yuan/ton, and the mainstream transaction price is 12,500-12800 yuan/ton.

    On the trading day (November 02, 2011), the raw materials of epichlorohydrin were weakened.