Daily review of epichlorohydrin: manufacturers support the city

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 18, 2010: Domestic manufacturers of epichlorohydrin market support the market, and the market is temporarily stable.
On the previous trading day (May 13), the mainstream transaction price in the mainstream market in East China temporarily formed a range of 16,800-17,000 yuan/ton, and the low-end was reduced by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was still flat on the day despite the manufacturers' support of the market.
The downstream felt the high risk and the short-term digestion of stocks was cautious.
There were few transactions in the market.
, The current domestic market is weakly consolidating, local low-end negotiations hit 16,500 yuan/ton, domestic manufacturers have continued to overhaul, and the overall supply has decreased.
Some major manufacturers intend to raise prices.
In view of the weakening of the market and the growth of anxiety, especially the international crude oil The downturn has intensified the wait-and-see atmosphere, and the market trend is temporarily unclear.
Continue to pay attention to the price guidance of major manufacturers.
The wait-and-see atmosphere in the market was even more intense that day.
Trade merchants had a cautiously bearish mentality and focused on inventory.
Due to the lack of buyer interest in purchasing, the difficulty of spot delivery, the difficulty of high positions, and the deadlock in transactions.
The downstream epoxy resin fluctuates in a narrow range at a high level, and the two major raw materials continue to fall.
Although the epoxy resin is supporting the price, end users are reluctant to seek low-priced goods, orders have been reduced, and some manufacturers secretly lowered transaction prices.
Although major domestic manufacturers insisted on their quotations, the downstream wait-and-see atmosphere was relatively strong, and they were still passively purchasing.
The short-term short-term atmosphere was further permeated, accompanied by the impact of low-price supply in the market and the weak spot consolidation.

On the last trading day (May 13), the domestic epichlorohydrin market was quiet, with strong wait-and-see, low purchasing intentions, price declines, negative downstream purchases, slow market shipments, and some offers fell slightly at the same time.
Talk about further decline in prices.
Sideways weak rationale and high volume shrinkage have become the main characteristics of the current market.
Spot fluctuations continue in a narrow range.
Most downstream products consume inventory and continue to wait and see.
The supply of intermediate links is slow.
The short-term maintenance of equipment is good.
The negative atmosphere for hedging bulk chemicals is suppressed, and the short-term market The fluctuation space is limited.
International crude oil fluctuates within a narrow range and has a limited correction after a deep decline.
The overall market mentality is still not good; the raw material propylene market has further weakened, and the Shandong region is surprised to see low prices and the line market mentality is not very optimistic; the liquid chlorine market is sideways and weak Mainly, it is difficult to have a breakthrough market in the short-term.
At present, the market outlook is not clear, and the spot wait-and-see atmosphere is relatively strong.
Buyers and sellers are stalemate and confrontation in a short-term.
It is expected that within the week, they will focus on consolidation and pay close attention to manufacturer prices, production and sales.
According to market experts from China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 17,000-17,500 yuan/ton, the mainstream transaction price is 16,800-17,000 yuan/ton, and the low-end price is reduced by 200 yuan/ Tons; the mainstream quotation in Huangshan area is 17000-17500 yuan/ton, the mainstream transaction price is 16800-17000 yuan/ton, and the low-end price is reduced by 200 yuan/ton; the mainstream quotation in North China is 17000-17500 yuan/ton, and the mainstream transaction price is 16500-16800 yuan/ Tons, lower-end prices are lowered by 300 yuan/ton; mainstream quotations in South China are 17500-18000 yuan/ton, mainstream transaction prices are 17300-17500 yuan/ton, and low-end prices are lowered by 200 yuan/ton.

    Domestic epichlorohydrin manufacturers maintain their quotations and continue to overhaul them.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 17,500 yuan/ton (including freight), 8+8+80,000 tons/year equipment is maintained, and some The start of construction is low, and it will be shut down for repairs from May 12 to 18, and the contract supply is the main one.
No orders will be received temporarily; Tianjin Chemical's ex-factory price is 17,000 yuan/ton (including freight), and the installation of 28+33,000 tons/year will be shut down on 11-16 days.
Overhaul, it is expected to resume and restart in the middle of next week; Xinyue Chemical's ex-factory price is 17,500 yuan/ton (including freight), 40,000 tons/year is stable, the load is half, the contract is mainly, the inventory is not high; Qilu Petrochemical's ex-factory price is 17,000 yuan/ Tons (including freight), 50% of the equipment load of 32,000 tons/year, mainly contracted, normal delivery, limited inventory; Yangnong Chemical closed the disk, the initial ex-factory price of 15,000 yuan/ton (including freight), 3+30,000 tons /Annual equipment load is 70%, planned maintenance in mid-May for 7-10 days, mostly for self-use, not for export; China Shipping Precision Sealing, ex-factory quotation is 14,000 yuan/ton (including freight) in the early stage, and 40,000 tons/year is fully equipped The load starts smoothly, the load is 80%, pre-contracted, and core users are the main ones; Huaxiang chlor-alkali ex-factory price is 16,500 yuan/ton (including freight), 35,000 tons/year, the plant is operating normally, 70% is started, the sales volume is average, and the cargo is on-the-go; Pakistan The ex-factory price of Ling Petrochemical is 17,500 yuan/ton (including freight), and the 32,000 tons/year plant is operating normally, the load is high, and it is mainly for self-use, with a small amount of external supply; Anbang electrochemical seals, the pre-factory price of 6,500 yuan/ton (including freight ), the 25,000-ton/year plant continues to shut down and the restart time is unknown.

(Our reporter Xi Shu)

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