Daily review of epichlorohydrin: limited follow-up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 7, 2009: The domestic epichlorohydrin market is at a high level and downstream follow-up is limited.
On the last trading day (September 4), the mainstream transaction price in East China in the mainstream market was temporarily in the range of 10,700 to 11,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market cost was supported on that day, the market was relatively high, the demand was not strong, but the downstream follow-up was limited.
During the week, the factories faced cost pressure and manufacturers The major manufacturers Bohui Chemical, Tianjin Chemical, Qilu Petrochemical, and Xinyue Chemical have raised their quotations one after another.
The quotations range from RMB 10,700 to RMB 12,000 per ton, with a concentration of RMB 11,000 to RMB 11,500 per ton, and the increase rate is from RMB 200 to 500 per ton.
Market negotiation Focus on small follow-up, high-end transactions have certain difficulties, the downstream wait-and-see atmosphere is strong, and the enthusiasm for sourcing is not high.
At present, the biggest benefit of the market is still the cost.
Although the raw material propylene is still declining recently and its performance is not satisfactory, the liquid chlorine market is rising significantly, supporting the epoxy-epichlorohydrin market; the low-end price of liquid chlorine in Shandong is 1200-1300 yuan/ Tons, high-end 1400-1500 yuan / ton, downstream demand has improved compared with the previous, the shipment is smooth, the mentality is better, and there is no big pressure on short-term shipments.
At present, the production cost of epichlorohydrin is around 10,500 yuan/ton, and the cost pressure is relatively high.
It is a little helpless for manufacturers to raise their quotations.
The supply in the domestic market is still relatively abundant.
Tianjin Chemical’s 33,000-ton/year plant has been temporarily shut down, and other manufacturers’ plants have been operating smoothly.
Huaxiang Chlor-Alkali, Anbang Electrochemical, and Zhonghai Jinghua are expected to be put into operation or restart in mid-to-late September.
Pay close attention to the trend.
The short-term impact will be small.

On the last trading day (September 4), the domestic epichlorohydrin market was narrowed down.
The downstream demand is still the most negative market.

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