Epoxy Weekly Review: Weak Downward

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 25, 2011: The third week of April 2011 (April 18 to April 22), the domestic market The cost of the oxygen resin market has been cut again, and the demand has also been weak.
It continues to fall and has not been adjusted.
Weekend mainstream liquid resin quotations: Eastern China 26500-27500 yuan/ton, down 500 yuan/ton, North China 26100-27200 yuan/ton, 600 yuan/ton, South China 26700-27700 yuan/ton, low-end 500 yuan /Ton/high-end price is lowered by 600 yuan/ton; solid resin mainstream quotation: two-step products in East China offer 26,500-27,000 yuan/ton, down by 500 yuan/ton, one-step products in Huangshan area offer 24,000-25,000 yuan/ton, in North China The price is 23800~24800 yuan/ton.
During the week, the market declined weakly and continued to fall slightly.
With the further weakening of cost support, the high price in the early stage was weak and the market was weakly down.
The focus of negotiations was shifted, and some manufacturers continued to lower their ex-factory quotations (for details, see the full version), according to China Epoxy.
(China Epoxy Industry Online) www.
epoxy-e.
cn experts introduced that manufacturers continued to cut prices and eliminate warehouses on weekends, but the results are still average.
The recovery of terminal demand still waits for time to recover, market confidence is gradually lost, and the medium-term trend is still heavy.
The prognosis is The spot may still weaken slightly.

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