The drop in the epichlorohydrin price is still in the process of releasing the high price

June 20 20:01:26, 2018

Due to the publication of anti-dumping investigations, domestic epichlorohydrin is still in the process of releasing high prices, and the market has fallen slightly and light. Market participants believe that it will be difficult to make a difference before next Spring Festival next year.
In early December, the domestic epichlorohydrin-dominated market price was RMB 18,100 to RMB 18,200 for East China (t price, the same applies excluding shipping), of which RMB 18,300 to RMB 18,400 for Huangshan, and RMB 18,800 (for local sales) for North China.
As for the current import of epichlorohydrin, some Russian products have declined in price, which is mainly due to the recent decline in the price of the domestic renminbi, causing some external quotation to fall. The 300-ton shipment of Wusuli in December was expected to be around US$1,700. The seller is seeking cooperation. Manufacturers in Asia: South Korea Jinhua 25,000 t/y installation works well; Taiwan Formosa 80,000 t/y unit is operating normally, and 300 tons of bulk shipments in December are currently quoted at US$1,850 (CFR China The main port), but due to the wide disparity between domestic and Chinese renminbi prices, the importers generally do not intend to take delivery.