Daily review of epichlorohydrin: a narrow range

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 9th, 2009: The domestic epichlorohydrin market is rising within a narrow range and is still going up.
On the last trading day (December 8), the mainstream transaction prices in the mainstream market in East China began to enter the range of 12,500-12,700 yuan/ton, and the high-end price increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the supply of goods in the market was still tight on that day, and the negotiations moved up again.
Some slightly higher transactions have also been heard.
Downstream manufacturers digest inventory and wait and see the trend carefully.
There is not much market discussion, and the supply is still tight; manufacturers have strong intentions to raise prices, take turns to close or report adjustments, mostly affected by tight supply of goods, the market fluctuates within a narrow range, and the price dynamics of manufacturers are highly concerned, and some production devices continue to stop.
The raw material olefin market is mainly consolidating.
The negotiated price in Shandong area is 9000~9050 yuan/ton, the transaction is fair, and the downstream purchases are moderate in the near future; the demand for the other raw material liquid chlorine is slightly improved, and the quotation is slightly increased.
The ex-factory price in Shandong area is 1500~1550 yuan/ Tons, manufacturers generally take goods, and follow-up still needs attention.
At present, terminal demand is increasing slowly, and there is strong resistance to high prices.
On the other hand, the market supply is tight.
Some manufacturers still have a strong intention to raise prices.
The speculation atmosphere is relatively strong.
Although some pre-contracts are slightly lower, the overall start-up is low and the market supply is tight.
Domestic manufacturers have closed their orders and are waiting to rise; the next market is slow to follow up, the interest in entering the market is not strong, the overall demand for goods is limited, and the market continues to fluctuate in a narrow range and upward.

    On the last trading day (December 8), the domestic epichlorohydrin market was negotiating up, the supply of goods was tight, and the manufacturers had a strong intention to raise prices, paying close attention to the raw material market, negotiating high-end platforms, the market transaction was temporarily small, the market supply was tight, and the discussion was fluctuating On the upside, the price market fluctuated within a narrow range.

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