echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Resin News > Daily Review of Epichlorohydrin: Deep Exploration of Nine Thousands

    Daily Review of Epichlorohydrin: Deep Exploration of Nine Thousands

    • Last Update: 2021-04-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] News on October 30, 2008: The domestic epichlorohydrin has been explored 9,000 deeply, and the slippage still has not seen the end, and the transaction is on On October 29th, the mainstream transaction price in East China in the mainstream market fell again to 9,000 yuan/ton and down 500 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market characteristics of the day were mainly manifested as: some manufacturers introduced settlement prices, the market continued to decrease simultaneously, and manufacturers introduced settlement prices on the same day, and the level was basically unified.
    : Mid-month 10500 yuan/ton, 9000 yuan/ton at the end of the month, the market will become clear and follow the adjustment to 9000 yuan/ton; although the current price is clear, the market outlook is still "fuzzy"-the deferred settlement policy continues to be implemented, so manufacturers Prices are still unclear.
    Taking into account the current weak downstream demand, even if the raw material market falls to the bottom to consolidate, it is still difficult to see a significant improvement in the short-term "suffering" market, not to mention that there is no sign of improvement.
    Continue to pay attention to the price policy of manufacturers, the probability of a downward trend in a weak background is still high; the international crude oil price is approaching 60 US dollars per barrel, the global economic environment has further deteriorated, the stock market has plummeted, the price of petrochemical products has continued to shrink, and domestic bulk products have fallen into a cycle of sharp declines.
    The price of direct raw material propylene has plunged and shrunk by more than 60%.
    The demand for epichlorohydrin has been shrinking and market confidence has collapsed.
    Under the situation of shrinking consumption and cost loss, price adjustments are "long road" and "endless".
    Buyers wait and see There is no increase.

    On the last trading day (October 29), the domestic epichlorohydrin market continued to fall.
    Manufacturers’ shipment resistance was still large, market merchants’ demand was shrinking significantly, and some users had lower negotiations for large orders.
    There was a strong wait-and-see atmosphere towards the end of the month, and manufacturers settled prices.
    The announcement has not seen waves.
    At present, the listing of factories continues to be postponed, downstream industries have reduced production, intermittent shutdowns are frequent, demand for raw materials has shrunk greatly, and buyers are few in the market; although domestic manufacturers continue to control their operations, shipments are still not smooth, and the global financial crisis has spread to the real economy.
    The shrinking demand is a foregone conclusion.
    The bulk of petrochemical products have plunged.
    The market outlook for epichlorohydrin is not optimistic, and it is far from reaching the so-called bottom position.
    The raw material propylene continued to fall that day.
    Among them, the mainstream market in Shandong area, the transaction range is 5000-5200 yuan/ton.
    The price gap with epichlorohydrin continues to widen, and the industry is deeply concerned about the market outlook, faced with unstoppable raw materials, extremely weak demand, and overall lack of confidence.
    According to market experts from China Epoxy Industry Association (www.
    epoxy-e.
    cn), the mainstream price in East China is 9,000 yuan/ton, the low-end price is reduced by 500 yuan/ton, the high-end price is reduced by 1,000 yuan/ton, and the mainstream transaction price 9,000 yuan/ton, down 500 yuan/ton; Huangshan area’s mainstream price is 9,000 yuan/ton, low-end down 500 yuan/ton/high-end down 1,000 yuan/ton, mainstream transaction price 9,000 yuan/ton, down 500 yuan/ton; North China The regional mainstream quotation is 9000 yuan/ton, the low-end price is reduced by 500 yuan/ton/ the high-end price is lowered by 1000 yuan/ton, the mainstream transaction price is 9000 yuan/ton, and the price is reduced by 500 yuan/ton; the mainstream quotation in South China is 9500 yuan/ton and the low-end price is reduced by 500 RMB/ton/high-end price is reduced by RMB 1,000/ton, the mainstream transaction price is RMB 9,500/ton, and the price is reduced by RMB 500/ton.

        Domestic manufacturers have successively introduced settlement prices.
    Due to the continued implementation of the listing policy and the market outlook is still unclear, the resistance level of 9,000 yuan/ton is difficult to withstand the test.
    As the cost of raw materials further decreases, a more severe situation is about to come.
    According to market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn): Bohui Chemical’s ex-factory price is 9,000 yuan/ton (including freight), down 2,000 yuan/ton, 3 sets of 8+8+80,000 tons/ The annual plant shutdown is complete; Tianjin Chemical’s ex-factory price is 9,000 yuan/ton (including freight), the 28,000-ton/year device, and the 33,000-ton/year device will be shut down on September 15 for parallel transformation.
    The time is planned to be January.
    The current draft Restart at the end of the month and early next month; Xinyue Chemical’s ex-factory price is 9,000 yuan/ton (including freight), the low-end price is reduced by 1,000 yuan/ton, the high-end is reduced by 1,500 yuan/ton, and the operating load of the 3+30,000 tons/year plant is relatively low; Yangnong The factory price of chemical industry is 11,000 yuan/ton (including freight), mainly for self-use, rarely shipped, 3+30,000 tons/year equipment is operating at low load; Qilu Petrochemical’s ex-factory price is 9,000 yuan/ton (including freight), and the price is reduced by 500 yuan/ Tons, 32,000 tons/year device operating load is average; Baling Petrochemical’s sealing plate, the initial ex-factory price is 11,000 yuan/ton (including freight), 32,000 tons/year device is operating normally, mainly for self-use, insufficient for export; Anbang electrochemical seal Preliminary ex-factory quotation is 11,500 yuan/ton (including freight), and the 20,000-ton/year plant will be shut down on September 15 and restarted on October 28 but will not increase the load temporarily; Sandie Chemical lacks quotation, and the 25,000-ton/year plant will be shut down , A product supply related enterprise; Zhonghai Fine Chemical's 40,000-ton/year plant is about to be completed, and it is planned to be commissioned in October, but it is still unclear.

    (Our reporter Ye Hui)

    Do you want to browse the unsaturated resin market information? Click to enter www.


    upr -e.
    cn

    www.
    upr -e.
    cn www.
    upr -e.
    cn upr

    Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
    English name: E-www.


    epoxy .
    cn , the Chinese domain name: China Net epoxy .
    CN , China epoxy Network .
    China



    .
    cn .
    CN .
    China .
    cn
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.