Daily Review of Epichlorohydrin: Pan Heng 98

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 7, 2009: The domestic epichlorohydrin market is narrowed down, and the market is constant.
On the last trading day (August 6), the mainstream transaction price in the East China region of the mainstream market was temporarily lowered at 9,800 yuan/ton for the first line and 100 yuan/ton for the high-end.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market continued to consolidate within a narrow range on the day, and the exchanges were not tepid.
The overall negotiation was relatively light and the negotiation trend was relatively stable; domestic manufacturers’ installations were operating normally.
Qilu Petrochemical has restarted and product output.
Huaxiang Chlor-Alkali may also start at the beginning of the month.
Zhonghai Jinghua also pays close attention to the market and may drive at any time.
Among them, Zhonghai Jinghua is still parking and the restart time is delayed until the end of the month.
The raw material propylene market is operating within a narrow range, and some manufacturers' quotations have increased slightly.
The negotiated price in Shandong is 8750 yuan/ton; the market demand for another raw material of liquid chlorine is limited, the market is strong, and the price has fallen slightly.
The negotiated price in Shandong is 800-900 yuan.
/Ton.
Crude oil continued to rise above "70", and raw material propylene also rose slightly.
The cost of epichlorohydrin was supported by favorable support and the market atmosphere was stable.
As raw materials continue to rise and manufacturers' cost pressures increase, quotations are up to 10,000 yuan and transactions are mainly 98; Downstream demand is still lagging behind, market follow-up efforts are limited, the relationship between supply and demand is still not optimistic, and trading is not so good.
In the near term, the market is still dominated by small adjustments, and in the later period, we will continue to pay attention to the manufacturers' operating level and downstream acceptance.
In short, terminal demand is still the biggest negative factor.
Downstream manufacturers' quotations have followed up slightly, actual consumption has increased slowly, and the market lacks the support of transaction volume.

    On the trading day (August 6th), the domestic epichlorohydrin market has limited fluctuations and is mainly low-end.

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