Daily review of epichlorohydrin: it can continue to rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 4, 2009: The domestic epichlorohydrin market continues to pick up and can still rise again.
On the last trading day (November 03), the mainstream transaction price in the mainstream market in East China began to enter the range of 10500-10600 yuan/ton, and the high-end price increased by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was negligent on the day and the wait-and-see was strong.
Downstream digestion of inventories was the main focus.
Some of them were tentatively inquiring and entering the market cautiously.
Upgrading, the focus of market negotiations is slightly followed up, low-priced sources are difficult to find, trading merchants and downstream operations are cautious, and all parties are concerned about the trend of raw materials and changes in mentality.
In the domestic market, the entrusted merchants' quotations and the focus of negotiations have risen slightly, the market lacks transactions, and there is a strong search for goods at low prices.
Due to the decline in crude oil, the price of propylene in Shandong has dropped by 100-150 yuan/ton to 8,600 yuan/ton.
The negotiation is temporarily maintained at this price.
It is expected that two units will start up in the region this week, and the current supply of liquids has not increased temporarily; The chlorine market rose slightly last weekend, with the ex-factory price of 1,500 to 1,550 yuan/ton in Shandong.
At present, downstream demand is stable and shipments are in good condition.
Downstream epoxy resins were weakly rising and the market fluctuated within a narrow range.
The overall start of construction was still, and the delivery of goods slowed down slightly.
In view of the fluctuating operation of international crude oil and the mixed fluctuations of the two major raw materials, domestic manufacturers have strong intentions to increase prices, and traders are not interested in low-price shipments.
It is expected that the domestic epichlorohydrin market will continue to rebound under the rising of manufacturers.
, The main features are: the center of gravity is slightly higher and the number of transactions is limited.

    On the last trading day (November 03), the domestic epichlorohydrin has been adjusted upwards.

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