Daily Review of Epichlorohydrin: Market Follow-up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 19, 2009: The domestic market for epichlorohydrin led the rise in quotations and the transaction followed the adjustment.
On the last trading day (November 18), the mainstream transaction price in East China in the mainstream market began to enter the range of RMB 11,100 to RMB 11,300/ton, with an increase of RMB 300/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market offer was firm on the day, the negotiation range moved up, and the high-end was mostly high-end, and the self-raised price was slightly lower.
Traders had a good mentality and entered the market.
Be cautious, pay close attention to the trend of raw materials and follow up downstream; domestic manufacturers have completed supplementary increases in quotations, and market discussions are temporarily limited.
The external market of raw material propylene continues to rise, and the domestic market is mainly consolidating.
It still supports the epichlorohydrin market, and the market fluctuates within a narrow range.
, No high volume of transactions, strong wait-and-see atmosphere in the market, and stable operation of factory installations.
The raw material propylene market is temporarily stable.
The Shandong area offers 9200-9300 yuan/ton.
It is planned that some of the manufacturers will resume operation, and the quotation will basically be flat in the local market; the liquid chlorine market is mainly consolidating and the supply is abundant.
The Shandong area ex-factory price maintains 1500 yuan/ton , Follow-up trends still need attention, the market is stable and slightly weak, downstream demand is unstable, coupled with the impact of rain and snow, manufacturers' inventory increases.
At present, the major domestic epichlorohydrin manufacturers have completed a new round of rising momentum with cost support, but the terminal demand has been rising slowly and the market is lack of negotiation; the wait-and-see atmosphere is strong, mainly with a small increase, because the spot trading appears to be deserted and low The price does not show a high price, the actual transaction is temporarily lacking, and the overall situation is mostly wait-and-see.

    On the last trading day (November 18), the domestic epichlorohydrin market followed up, with lack of trading and strong wait-and-see.

(Our reporter Lan Xin)

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