Epoxy weekly report: still slipping

[China Epoxy Network (China Epoxy Industry Online)November 10, 2014 News: November 01, 2014 (November 03, 2014 ~ November 7, 2014 ), the domestic epoxy resin market was weakly traded and narrowed, and the cost was not supported and continued to fall.
During the week, market manufacturers’ offers were steadily lowered.
The sharp decline in crude oil dragged down the industry’s mentality.
It continued to be weak.
The decline did not change.
The atmosphere was difficult and the shipments were tired.
The overall trading situation was tepid.
The dual raw materials were narrowed and the cost support was weak and stable.
Most manufacturers’ offers are stable and the center of gravity is falling.
Buyers and sellers are less active in trading.
Firm offers are mostly small orders that are just needed and high-end offer intentions.
Downstream shortens the procurement cycle, small orders replenish goods, poor placement, and fewer firm offers.
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The mainstream price of liquid resin on weekends: 19,000 to 20,000 yuan per ton in East China; 1870 to 19,700 yuan per ton in North China; 19200 to 20,200 yuan per ton in South China.
Mainstream quotations of solid resins: two-step products in East China offer 18500～19,000 yuan/ton; one-step products in Huangshan area offer 17800～18800 yuan/ton, down by 200 yuan/ton; one-step products in North China offer 17600～18900 yuan/ton , Decrease 200 yuan/ton.
According to experts from China Epoxy Network (China Epoxy Industry Online)the continuous decline of crude oil has dragged down the industry's mentality, short-term costs are difficult to pay, downstream orders are flat, and active enquiries just require small orders.
Sorting out market weakness (slightly, see the full version for details).

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Second, the international market
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Third, the manufacturer's situation
(omitted, see the full version for details).

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