Daily Review of Epichlorohydrin: Narrow Range High

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 21, 2009: The domestic epichlorohydrin market has a wait-and-see atmosphere and a narrow consolidation, on the trading day (January 20) ) The mainstream transaction price in the East China region of the mainstream market has begun to enter the range of 6,500-7,000 yuan/ton, and the high-end price is raised by 400 yuan/ton.
According to the analysis of market experts from the China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn), the market’s festive atmosphere gradually became stronger that day.
Traders left the market one after another, trading became more sluggish, and epichlorohydrin resources were still in short supply.
Manufacturers continue to control the start of construction and intend to slightly increase prices, but the Spring Festival is approaching, there are more parking during downstream holidays, consumer demand is quite sluggish, and the scale of transactions and shipments is limited; it is the last trading week before the holiday, and the operation is in a slightly light atmosphere.
As the number of people leaving the market continues to increase and the scale of transactions is expected to decrease, it is actually in a pattern of rising and falling prices; the price of raw material propylene has risen slightly against the trend, and the market price in East China has increased by 100-150 yuan/ton to 5800-5900 yuan/ Manufacturers continue to control the start of production, and the market is still limited; as the Spring Festival approaches, most manufacturers control the start of operations and some continue to shut down.
The market demand is intensified, and the holiday stocking is basically over.
Merchants are more bearish on the market outlook and downstream parking It is expected that the Spring Festival market may be weak and weak, and the market will be weaker and weaker due to overdraft of demand after the holiday; currently contract supply is dominated, limited bulk cargo prices are rising, the overall wait-and-see is more, the market transactions are not many, Bohui Chemical, Xinyue Chemical is still leading the rise, Qilu Petrochemical is temporarily stable, and the domestic market is limited to follow up.

On the last trading day (January 20), the domestic epichlorohydrin market went up at the high end, and trading remained sluggish.

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