Daily review of epichlorohydrin: firm quotation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 28, 2009: The domestic market price of epichlorohydrin is firm and the market remains unchanged.
On the last trading day (July 27), the mainstream transaction price in East China in the mainstream market was still in the range of 9,800-9900 yuan/ton, but the low-end was the main one.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s trading was weak and the wait-and-see was strong on that day.
The level of negotiation was mainly low-end, and the Shandong region was slightly lower.
Terminal demand was not good, and downstream access was low.
The goods are more cautious, affected by the pressure of the entrusted cost, the prices of manufacturers have jumped last week, the market has a strong wait-and-see atmosphere, the transaction is normal, the demand has not changed significantly, the market is volatile, and the manufacturers' dynamics and upstream and downstream trends are closely watched.
The raw material propylene continues to rise, and domestic epichlorohydrin manufacturers are pushing up.
Bohui Chemical has raised its power for two consecutive times, and Tianjin Chemical has quickly followed the adjustment.
Some parts of this week are expected to have upward adjustment intentions, and the specific extent remains to be seen.
At present, domestic resources are still abundant, the downstream demand level has not changed much, the market wait-and-see atmosphere is relatively strong, the overall transaction is limited, the two major raw materials are both rising, the downstream follow-up is limited, the cost transfer is facing certain difficulties, the market is operating in a narrow range, and the market is stable In a small order, the quotation is as high as 10,000 yuan/ton, and the source of low-priced goods is difficult to find.
Consumer demand is still weak, and the ability to accept high prices is limited.
The buyer as a whole is cautious in receiving goods on demand, and there are not many transactions.
In terms of equipment, Qilu Petrochemical and Huaxiang Chlor-Alkali are expected to start operations at the end of this month and early next month.
The supply pressure may further increase.
Market participants are cautious in the outlook and are concerned about the acceptance of high-priced downstream sources.

    On the last trading day (July 27), the domestic epichlorohydrin market was still warm, with a strong wait-and-see atmosphere and weak actual discussions.

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