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    Home > Coatings News > Resin News > Daily review of epichlorohydrin: dominated by sideways

    Daily review of epichlorohydrin: dominated by sideways

    • Last Update: 2021-04-21
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] July 7, 2010: The domestic epichlorohydrin market is dominated by sideways with limited fluctuations.
    On the last trading day (July 6), the mainstream transaction prices in the East China region of the mainstream market continued to remain stable in the range of 12,500 to 12,600 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 that day, the quotation range remained unchanged, and the transaction volume changed little.
    The low-end manufacturers mainly supply contract customers, and the downstream epoxy The resin market is supported.
    Another raw material, bisphenol A, has strengthened and stabilized.
    However, the raw material market has fallen sharply recently, and the mentality is still more cautious.
    At present, the spot market continues to trade sideways and the market atmosphere is subtle and wait-and-see.
    The two major raw material markets have further fallen, and the cost of epichlorohydrin has plummeted.
    The game between supply and demand and the cost and contradictions of the market have become prominent; manufacturers have no obvious shipping pressure for the time being, and some of them have started.
    Instability, the downstream market demand is calm, and the short-term market is temporarily not fluctuating.
    Follow-up will pay more attention to the production and sales trends of manufacturers.
    International crude oil fell for 5 consecutive days and then fluctuated in a narrow range.
    However, the raw material of epichlorohydrin was deteriorating.
    The low price of propylene was hit last weekend and the downstream demand was weak.
    The price fell sharply, and the Shandong area fell to 8,300-8400 yuan/ton; 1.
    The raw material liquid chlorine is further down.
    The mainstream price in Shandong is 900-1200 yuan/ton, and the low-end price in the local market is 700-750 yuan/ton.
    The cost of epichlorohydrin has been reduced to less than 10,000 yuan for the first time since October 2009, and the cost has been significantly weakened.

     

        On the last trading day (July 6), the domestic epichlorohydrin market fluctuated within a narrow range.
    Merchants offered 12,800 to 13,000 yuan per ton, and the actual narrow range followed.
    The market is currently in a period of subtle observation.
    Supply and demand fundamentals and manufacturers’ unilateral support The price, the continuous confrontation with the raw material is still to be verified, and the production and sales trends of the manufacturers have been closely monitored in the near future.
    There are not many resources in the spot market as a whole.
    The market opens flat in the early trading, and the factories temporarily maintain stability.
    The downstream digests inventory and purchases on demand, mainly on-demand, and the transaction is average.
    Last week, the domestic market fluctuated within a narrow range, and the center of gravity tended to 12,500 yuan/ton.
    The demand for raw material propylene and liquid chlorine was weak, and both were down.
    The cost support of epichlorohydrin was weakened.
    Slightly lower, pay close attention to the supplier’s production and sales\price, and seek direction guidance.
    On the day, the market atmosphere was flat, the spot market was relatively tight, the main manufacturers continued to stabilize prices, and the wait-and-see atmosphere was strong.
    In short, the overall transaction was tepid, and the price quotation continued to be narrowed.
    The propylene and liquid chlorine market fell fiercely, and the mentality of market participants appeared Disagreements, concerns about continued decline in the market outlook, little intention of low-price shipments, buyers purchase on demand, and the atmosphere is flat.
    According to the market experts of China Epoxy-e.
    cn, the mainstream quotation in East China is 12,500-13,000 yuan/ton, the mainstream transaction price is 12,500-12600 yuan/ton; the mainstream quotation in Huangshan region is 12,500~ 13,000 yuan/ton, the mainstream transaction price is 12,500 yuan/ton; the mainstream quotation in North China is 12,500-13,000 yuan/ton, the mainstream transaction price is 12,500-12,700 yuan/ton; the mainstream quotation in South China is 13,000-13500 yuan/ton, and the mainstream transaction price is 13,000~ 13,100 yuan/ton.

     

        Domestic epichlorohydrin manufacturers are supporting the market, raw materials have fallen, and profit margins have expanded.
    According to market experts from China Epoxy Industry Association (www.
    epoxy-e.
    cn), Bohui Chemical’s ex-factory price is 13,000 yuan/ton (including freight), the contract is the main one, and the shipment is normal, 8+8+80,000 The ton/year device is operating stably, and the fourth set of 80,000 tons/year device is scheduled to be completed in August; Tianjin Chemical’s ex-factory price is 12,500 yuan/ton (including freight).
    The shipment is normal and the contract is the mainstay.
    The 28,000 tons/year device is installed Shut down again for a short time, and the 33,000-ton/year device remains stable; Xinyue Chemical’s ex-factory price is 12,500 yuan/ton (including freight), and the 40,000-ton/year device is maintained in operation, the load is 50%, the inventory is not high, and the shipment is normal; Qilu Petrochemical The ex-factory quotation is 12,500 yuan/ton (including freight), the contract supply is mainly, the shipment is smooth, the equipment load of 32,000 tons/year is 50%, and the operation is stable; the ex-factory quotation of Yangnong Chemical is 13,000 yuan/ton (including freight), mostly for self-use , A small amount of accompany on the market, 30% + 30,000 tons / year equipment load 50%, operation is acceptable; Zhonghai Jinghua closed the disk, the initial ex-factory price of 16,500 yuan / ton (including freight), 40,000 tons / year equipment continues to shut down, plans to restart in the near future ; Huaxiang’s chlor-alkali disk is closed, the initial ex-factory price is 16,600 yuan/ton (including freight), and the 35,000 tons/year device continues to be shut down for maintenance, and the restart time is to be determined; Baling Petrochemical’s disk is sealed, the initial ex-factory price is 17,500 yuan/ton (including freight) , Mainly for self-use, with a small amount of external supply, the 32,000-ton/year device is operating normally; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight), and the 25,000-ton/year device continues to stop and restart is unknown.

     

    (Our reporter Zhong Huan)

     

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