Review of the epichlorohydrin market trends

2009-02-20View Original

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On February 18, the market price of epichlorohydrin remained high. Yesterday, a cautious attitude prevailed in the market; most manufacturers raised their quotes further to 9,000 yuan per ton. Purchasers on the downstream side were reluctant to place orders and showed some resistance, with negotiation prices hovering around 8,500 yuan per ton. The manufacturer states that the price increases are mainly due to the current high levels of raw material costs. However, at present, most manufacturers in the downstream sector are operating at low capacity, and overall demand is recovering slowly. The current market still has many unstable factors, and a rational decline is possible; however, due to the pressure from cost levels, the room for such a decline is limited.

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Review of the epichlorohydrin market trends

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