Epichlorohydrin Daily: Wandering continues

[China Epoxy Network (China Epoxy Industry Online)News May 7, 2014: The domestic epichlorohydrin market has been reorganized at a low level, and companies have been adjusted downwards.
On the last trading day (May 6, 2014), the mainstream transaction price in the mainstream market in East China began to form a range of 9,400-9,500 yuan/ton, and the low-end was reduced by 50 yuan/ton.
According to the analysis of the market experts of China Epoxy Network (China Epoxy Industry Online)the spot market demand was flat and hovering at a low level that day, downstream destocking continued, mostly affected by the downturn in demand, and raw materials were still cautious.
, Small orders are purchased at low prices on demand; the industry is sluggish, cost pressures, some installations are shut down for maintenance, to avoid risks, the market supply pressure may be slightly eased, the center of gravity of trading is getting lower, and the low-end goods of glycerin are also heard.
Epichlorohydrin has a wait-and-see atmosphere in the external market, with 70-75% of the operating load in Europe and ample supply of goods.
Pay close attention to the direction of upstream raw materials; in April, the local contract was 1620-1680 euros/ton (FD Northwest Europe), and downstream demand is expected to change.
However, due to the ample supply and the impact of low Asian prices, the industry is still not optimistic about May, and some said it may remain flat.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 9600-9700 yuan/ton, the mainstream transaction price is 9400-9500 yuan/ton, and the low-end price is reduced by 50 yuan/ton; the mainstream quotation in Huangshan area is 9700-9800 yuan/ton, mainstream The transaction price is 9500-9600 yuan/ton; the mainstream quotation in North China is 9500-9600 yuan/ton, the mainstream transaction price is 9250-9300 yuan/ton, the low-end price is reduced by 50 yuan/ton/ the high-end price is reduced by 100 yuan/ton; the mainstream price in South China is 9800 ~9900 yuan/ton, the mainstream transaction price is 9600-9700 yuan/ton, and the low-end price is reduced by 50 yuan/ton.

On the trading day (May 6, 2014), the epichlorohydrin raw material market fluctuated within a narrow range and the atmosphere was still: (omitted, see the full version for details).

On the trading day (May 06, 2014), manufacturers’ offers were weak and weak.