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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 12, 2010: The domestic epichlorohydrin market was weak at the weekend and the market was temporarily stable.
On the last trading day (June 11), the mainstream transaction price in East China in the mainstream market temporarily hovered in the range of 13,300~13,500 yuan/ton.
Market experts from China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market fluctuated within a narrow range on that day.
Suppliers—manufacturers and intermediary merchants—mainly followed the market with small orders, while buyers were low in small orders.
Replenish inventory, the market should be cautious and pay close attention to the trend; during the week the market continues to be weak and tidy up.
Buyers-intermediate merchants, downstream users-pay close attention to the bottoming machine.
Manufacturers follow the market and the market pays attention to production and sales, or postponement of listing or follow-up The amount of walking, the weakness continues, the interest of industry insiders in entering the market has increased, the market fluctuates at low levels, and there is no clear reference.
All parties are cautiously waiting and waiting for the bottom.
Affected by weak demand, the upstream propylene market has declined by 100-500 yuan/ton, and the negotiated price in Shandong area is 8800-9000 yuan/ton.
Most downstream products show a weakening trend and demand is limited.
Domestic supply is sufficient.
Even if oil prices rise sharply, prices will increase momentum.
There is still a shortage; the liquid chlorine market continues to run in a deadlock, and the negotiated price in East China is 1,400 to 1,600 yuan/ton.
Downstream epoxy resins continue to break new lows, the market atmosphere is sluggish, and prices are messy.
The weak spots in various regions are mainly reorganized, and each factory adjusts sales according to actual conditions.
At present, the epichlorohydrin decline has continued for 5 weeks.
When the market bottoms out and the industry waits for changes, the actions of major manufacturers are critical.
On the last trading day (June 11), the domestic epichlorohydrin market was still weak and the price was messy.
Some offers were offered at 13,500 yuan/ton, and the center of gravity was concentrated in the low to mid-to-low range.
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