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    Home > Coatings News > Resin News > Daily review of epichlorohydrin: high price is not easy

    Daily review of epichlorohydrin: high price is not easy

    • 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 18, 2010: The domestic market for epichlorohydrin is not easy for high prices and limited transactions.
    On the last trading day (August 17), the mainstream transaction price in the East China region of the mainstream market temporarily maintained the range of 15,500-15,800 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market’s trading atmosphere on the day was relatively flat, the mainstream offer range of the market was still in the market, the downstream buying was not easy, the high-end products were not easy to sell, and the trading volume was not high.
    Good, some merchants closed the market and waited and see, and the market fluctuated at a high level.
    At present, the domestic market is reorganized at a high level.
    Major manufacturers have closed their orders and other manufacturers have kept their prices on the sidelines.
    Uncertainty in the market outlook is increasing.
    At the beginning of the week, buyers and sellers have a strong wait-and-see atmosphere.
    Big.
    Crude oil fluctuated within a narrow range and fell for 4 consecutive days in the early stage, which intensified the wait-and-see atmosphere for related products: the external market for propylene weakened, the spot market was trading sideways; the price of liquid chlorine market fluctuated higher, the installation was not working well, and the downstream chloroacetic acid, propylene oxide, ECH, etc.
    continued Under the support, manufacturers have strong intention to pull up.
    The price in Shandong area is 1,200-1250 yuan/ton.
    The main downstream epoxy resins are sorted sideways.
    The factories indicated that the execution of contract orders is the main task.
    High-priced transactions may be difficult, and subsequent stocks gradually increase.
    In view of the high raw material prices and the cautious procurement, most of them are used now and do not keep inventory.
    .
    Recently, the epichlorohydrin spot has fluctuated at a high level, and the overall domestic start-up load has increased.
    Although manufacturers are actively raising or stabilizing prices, the downstream cost pressure is heavier and it takes time to pass on.
    It is difficult to accept and the short-term high level shocks.

     

        On the last trading day (August 17), the domestic epichlorohydrin market was mostly on the sidelines and the atmosphere was unclear.
    The merchants either closed the offer or continued to maintain stability, the offer center still moved upward, and the downstream follow-up interest was not strong.
    Epoxy resin Manufacturers' high-priced shipments were not smooth, and inventories slightly increased; last week, the domestic market was in stalemate and shocks after the surge, the market rose too fast, and the downstream slowly digested.
    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 up, the atmosphere is actually weak, downstream demand is sluggish, raw material procurement is negative, the overall negotiation transaction scale is limited, resources are still tight, but the demand is not good, and it is expected that the market will continue to pull up with greater resistance.
    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.
    According to market experts from China Epoxy Industry Association (www.
    epoxy-e.
    cn), the mainstream quotation in East China is 15800~16000 yuan/ton, the mainstream transaction price is 15500~15800 yuan/ton; the mainstream quotation in Huangshan region is 16000 yuan /Ton, the mainstream transaction price is 15500~16000 yuan/ton; the mainstream quotation in North China is 15800~16000 yuan/ton, the mainstream transaction price is 15500~15600 yuan/ton; the mainstream quotation in South China is 16300-16500 yuan/ton, the mainstream transaction price is 16000~ 16,300 yuan/ton.

     

        Some domestic epichlorohydrin manufacturers have closed the market, started to increase, and dominate the supply position, pushing up or stabilizing prices.
    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 tons/year plant is operating normally, and the fourth set of 80,000 tons/year plant is planned to be completed within this year; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), contract supply is the mainstay, and some exports, 2.
    8+33,000 The ton/year device is operating stably and the load is relatively high; Xinyue Chemical’s closing price, the initial ex-factory price of 16,000 yuan/ton (including freight), the main contract volume, the low inventory, the 40,000 tons/year device operation stabilizes, and the load Normal; Qilu Petrochemical’s ex-factory quotation is 15,500 yuan/ton (including freight), contract supply is the mainstay, normal billing, 32,000 tons/year, the unit is operating stably, and the load is full; Yangnong Chemical’s closing, the pre-ex-factory quotation is 13,500 yuan/ton (Including freight), mostly for self-use, with a small amount of accompanying, 30% of the installation load per year of 30+30,000 tons, stable operation; China Shipping Precision Sealing, the initial ex-factory price of 16,500 yuan/ton (including freight), 40,000 tons/year The device is operating normally and the load is 80%; Huaxiang's chlor-alkali seal, the pre-factory price of 16,600 yuan/ton (including freight), 35,000 tons/year, the device is operating normally, and the construction is normal, temporarily available to the pre-contract users; Baling Petrochemical’s factory price is 16,000 RMB/ton (including freight), mainly for self-use, a small amount of external supply, 32,000 tons/year, the device is operating normally, and 80% of the start-up; Anbang electrochemical seal, the pre-factory price of 6,500 yuan/ton (including freight), 25,000 tons/ The installation continued to stop for the year.

     

    (Our reporter Lan Xin)

     

     

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