Daily Review of Epichlorohydrin: High-end Rising Again

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 5, 2009: The domestic epichlorohydrin market is rising again and continues to pick up.
On the last trading day (November 04), the mainstream transaction price in the mainstream market in East China formed a range of 10,500-10,700 yuan/ton, and the high-end price increased by 100 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market fluctuated within a narrow range on that day and transactions were limited.
The low-end was mostly self-raised in Shandong, while high-end transactions were gradually increasing.
Downstream manufacturers mainly digested inventory.
, The enthusiasm for entering the market is not high; the domestic market continues to fluctuate within a narrow range, and the transaction is also light.
The judgment on the market outlook is not very clear.
The market operation is cautious and the wait-and-see atmosphere is strong.
The trend of raw materials and the market mentality are still concerned.
The day was still characterized by not much discussion and strong wait-and-see.
The raw material propylene market was operating weakly, mostly due to crude oil suppression and demand constraints.
The negotiated price in Shandong was stable at 8,600 yuan/ton, and the negotiation was fair; the liquid chlorine market remained basically stable, and the factory price in Shandong 1,500 yuan/ton, manufacturers have started to maintain a relatively high level in the early stage, parking companies have started to drive one after another, the market supply is sufficient, some manufacturers have already felt pressure on shipments, there is a phenomenon of declining quotations, and the market trend in the later period needs attention.
The downstream market is affected by cost pressure, and some epoxy resin manufacturers have strong intentions to increase, but due to poor terminal demand, the market is slightly difficult to increase; recently, the major manufacturers’ quotations have been increased, trading merchants and downstream manufacturers wait and see, and terminal demand is restricted Poor influence and lack of confidence in the market outlook.
It is expected that the market will fluctuate within a narrow range and the transaction volume will be difficult to increase.

    On the trading day (November 04), the domestic epichlorohydrin was still up, and the downstream was mainly digesting the inventory.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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