Daily review of epichlorohydrin: limited follow-up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 14, 2009: The domestic market for epichlorohydrin has seen a surge in quotations, and transactions have followed up.
On the last trading day (December 11), the mainstream transaction price in the East China region of the mainstream market was 13,500 yuan/ton, an increase of 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market waited and watched and continued to push up.
Domestic manufacturers continued to increase their quotations sharply.
There was a slight increase in market inquiries, but there were few discussions.
The dynamics of the factory are still receiving high attention.
The upstream raw material propylene continues to fall, and the downstream epoxy resin is limited in follow-up.
The market continues to fluctuate widely and move upward.
The market price of raw material propylene continues to fall.
The negotiated price in Shandong area is 8,700 yuan/ton, down by 200-300 yuan/ton.
The current market mentality is not good, and many businesses have expectations of decline; the liquid chlorine market is mainly operating in a narrow range, and the Shandong area is negotiating The price is 1500-1600 yuan/ton, and the market is generally good.
At present, the domestic installation load is 40%, of which some manufacturers are mainly used for their own use and rarely export.
Therefore, the overall market supply appears to be tight.
Xinyue Chemical, Zhonghai Jinghua, etc.
have restart plans, and the normal discharge of materials is still to be followed up.
The raw material cost support is obviously weak: the price of propylene has continued to fall, and the market mentality has been suppressed.
Most of the recent declines in crude oil and polypropylene; although liquid chlorine can maintain or rise slightly, support for epichlorohydrin is limited.
Recently, domestic epichlorohydrin prices have been tight, and the poor demand factors have retreated to the second line.
The subsequent pricing mechanism and sales strategy of major domestic manufacturers are critical.

On the last trading day (December 11), the domestic supply of epichlorohydrin market continued to be tight, the transaction began to rise, the offer was strong, and the actual wait-and-see situation was strong.
Due to the tight domestic supply and the dynamics of manufacturers still need to pay attention, the overall market atmosphere appears to be positive Due to the tension, trading merchants are temporarily unable to be clear, and the wait-and-see atmosphere is strong; the market actually seldom actively offers, and downstream manufacturers resist the extreme high level.

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