Daily review of epichlorohydrin: as low as nine thousand

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 20, 2009: The domestic epichlorohydrin market is still falling, tending to nine thousand.
On the last trading day (July 17), the mainstream transaction price in the mainstream market in East China entered the range of 9,000-9300 yuan/ton, and the low-end was reduced by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market fluctuated within a narrow range on the day, and the market continued to fall slightly.
It was also heard that the Shandong area was slightly lower.
The downstream manufacturers have a strong wait-and-see atmosphere and limited overall transactions.
, The weak and narrow fluctuations continue to advance; the overall domestic market volume is limited, the spot resources are abundant, the downstream demand is still sluggish, and some manufacturers still stop and wait and see for the time being.
The raw material propylene market continues to consolidate.
The Shandong region's quotation is maintained at 7900-8200 yuan/ton, and the actual negotiation is 7950-8050 yuan/ton.
The current refinery operations are generally in general, mostly focusing on digesting inventory; the liquid chlorine market is performing well, and the quotation continues to rise.
, Shandong area offers 1,000 to 1,300 yuan/ton, and negotiations are slightly lower.
For the later market trends, market participants are disdainful and believe that although the quotation is raised, it will take time for the downstream to accept it.
Therefore, the short-term market will stabilize and consolidate.
Long-term demand restricts the market trend.
In the short term, the downturn is hard to get better.
The wait-and-see atmosphere is strong and the market continues to consolidate within a narrow range.
It is difficult for market transactions to increase in volume and continue to fluctuate.
In short, the market supply is still sufficient, the downstream demand is not good, the digestibility is limited, the transaction scale is average, the propylene market is at a high level, and the manufacturer's inventory is still large.
The industry has insufficient confidence in the market outlook and the short-term market weakness is difficult to change.

    On the last trading day (July 17), the domestic epichlorohydrin market was flat, with the low negotiation level approaching 9,000 yuan/ton, and the Shandong region was slightly lower.

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