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    Home > Coatings News > Resin News > Daily Review of Epichlorohydrin: Bass Up

    Daily Review of Epichlorohydrin: Bass Up

    • Last Update: 2021-04-21
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] News on August 17, 2010: The domestic epichlorohydrin market has raised its bass and reached a new high.
    On the last trading day (August 16), the mainstream transaction price in the mainstream market in East China began to form a range of 15,500-15,800 yuan/ton, and the low-end was raised by 500 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), there were many wait-and-sees in the market that day, and the atmosphere was temporarily unclear.
    The downstream follow-up interest is not strong, the high-price shipments of epoxy resin manufacturers are not smooth, and the inventory is slightly increased; last week, the domestic market has stalemate and shocked, the market has risen too fast, and the downstream is slowly digesting.
    As international crude oil fell for 4 consecutive days and propylene rose first and then declined, downstream high-priced raw materials will be accepted gradually, and it will take a certain time.
    At present, there is no inventory pressure at all factories, and prices are actively raised.
    With the gradual increase in domestic equipment load, the market is expected to be at a high level.
    .
    Although the market is rising, the atmosphere is actually weak, downstream demand is sluggish, raw material procurement is negative, market participants are cautious, and some profitable shipments, the overall negotiation and transaction scale is limited, resources are still tight, but the demand is not good.
    It is expected that the market will continue to rise and the resistance will be relatively high.
    Big.
    The focus of the preliminary discussions has soared, and the weekend market has shown a slight decline.
    In the face of the high pressure of the two major raw materials and the increase in downstream companies’ production cuts and shutdowns, buyers’ purchases are generally wait-and-see, passive and cautious.
    Manufacturers are mainly price-based, and most market participants are mainly waiting and watching.
    Weekly market quotations should focus on consolidation and high-level finishing.

     

    On the trading day (August 16th), the domestic epichlorohydrin market fluctuated at a high level, and the range moved up.
    The market fluctuated at a high level and the high price gradually digested.
    Actually, the low-end is still rising, and the volume is generally high.
    The shipment of 15,500 yuan/ton is still In the mainstream, the international crude oil has weakened sharply, the commodity market has generally corrected, and the downstream epoxy resin cost has been passed on to be proved.
    Recently, the external disk of propylene has plummeted by US$33/ton, and the spot may be affected to a certain extent.
    At present, the resources of epichlorohydrin are still scarce.
    The low-end market talks focus on business upwards, and the downstream is mostly passive and wait-and-see, as the use is the main thing, the intermediate merchants control the rhythm, the offer is firm, the contract price of the big factory is pulled to 15,500 yuan / ton, the downstream cost is not easy to pass on, and the high level conflicts.
    The recent high-level and heavy-volume situation is general.
    The upstream raw material market is trading sideways as a whole, international crude oil continues to fall, and the market mentality is slightly affected: the propylene market has fallen from a high level, and the spot price is also stagnant; the liquid chlorine market is trading sideways and there is little room for short-term fluctuations.
    According to market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the mainstream quotation in East China is 15800-16000 yuan/ton, the low-end price is raised by 300 yuan/ton, and the mainstream transaction price is 15500-15800 yuan/ Tons, the low-end price is raised by 500 yuan/ton; the mainstream quotation in Huangshan area is 16000 yuan/ton, and the mainstream transaction price is 15500-16000 yuan/ton; the mainstream quotation in North China is 15800-16000 yuan/ton, and the low-end price is raised 300 yuan/ton.
    The price is 15500-15600 yuan/ton, the low-end price is raised by 500 yuan/ton; the mainstream quotation in South China is 16300-16500 yuan/ton, the low-end price is raised by 300 yuan/ton, the mainstream transaction price is 16000-16300 yuan/ton, and the low-end price is raised by 500 yuan /Ton.

     

        Some domestic epichlorohydrin manufacturers have closed their markets, started to increase, and dominate the supply position and continue to promote the rise.
    According to market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), among them: Bohui Chemical’s closure, the initial ex-factory quotation is 16,000 yuan/ton (including freight), the contract is the main one, the shipment is normal, 8+ The 80,000 ton/year plant is operating normally, and the fourth set of 80,000 ton/year plant is scheduled to be completed in August; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), and the contract supply is mainly for export, with 28,000 tons.
    /Year equipment is operating normally, 33,000 tons/year equipment restarted last weekend; Xinyue Chemical closed the disk, the initial ex-factory quotation was 16,000 yuan/ton (including freight), the contract volume was mainly used, the inventory was low, and the 40,000 tons/year device Stable operation and normal load; Qilu Petrochemical’s ex-factory quotation is 15,500 yuan/ton (including freight), contractual supply is the mainstay, normal billing, 32,000 tons/year equipment is stable, and the load increases; Yangnong Chemical is closed, and the previous ex-factory quotation 13,500 yuan/ton (including freight), mostly for self-use, a small amount of accompanying, 30% of the installation load of 30+30,000 tons/year, stable operation; CNOOC Limited’s pre-ex-factory price of 16500 yuan/ton (including freight), 4 The 10,000-ton/year plant restarted smoothly and the load was relatively high; Huaxiang’s chlor-alkali plant was closed and the pre-factory price was 16,600 yuan/ton (including freight).
    The 35,000-ton/year plant has restarted and is operating normally, and it is temporarily available to pre-contract users; Pakistan Ling Petrochemical’s ex-factory quotation is 16,000 yuan/ton (including freight), with an increase of 500 yuan/ton, mainly for self-use, a small amount of external supply, 32,000 tons/year, the plant is operating normally and 80% of the start-up; Anbang Electrochemical closed the disk, the pre-factory quotation was 6,500 yuan /Ton (including freight), the 25,000 tons/year plant will continue to shut down.

     

    (Our reporter Meili)

     

     

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