Daily review of epichlorohydrin: internal and external consolidation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 9, 2009: The domestic epichlorohydrin internal and external markets continue to be organized.
On the last trading day (July 8), the mainstream transaction price in East China, the mainstream market, stayed at the front line of 9400-9600 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was light that day, the demand for major downstream epoxy resins was sluggish, the market volume was limited, and the reference negotiations were maintained.
Low, poor market mentality; current domestic market transactions are average, raw materials propylene and liquid chlorine (in some areas) have risen slightly, and the cost pressure of environmental chlorine manufacturers has increased, and some upward adjustment intentions have been breeding.
However, the downstream demand is sluggish and the market discharge is slightly unsatisfactory.
As manufacturers are gradually approaching the cost line, the market is still fluctuating within a narrow range.
The Asian epichlorohydrin market is consolidating within a narrow range, and sporadic negotiations are still going on.
The current assessed price is consistent with barrel cargo filling-both at US$1150~1250/ton (CFR China's main port); the current supply is limited, Northeast Asian producers Mainly for the domestic market; due to the lack of raw material propylene, manufacturers in Russia have shut down their installations.
The news remains to be confirmed.
The regional market includes 5% anti-dumping duty for barreled goods, and the offer of tank filling goods is 1250 US dollars/ton (CFR China main port), and the buyer's intention is mostly 1150 US dollars/ton (CFR China main port); 500 tons contain 5% anti-dumping For bulk cargo, the negotiated price is US$1,200/ton (CFR China's main port).
I heard that some downstream epoxy resin manufacturers had a transaction price of US$1,200/ton (CFR China's main port) last week.

    On the last trading day (July 8), the domestic epichlorohydrin market fluctuated and the center of gravity was sluggish.

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