Daily review of epichlorohydrin: peak price finishing

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 7, 2009: Domestic epichlorohydrin market peak price consolidation, high narrow market, on the trading day (April 3 Japan) The mainstream transaction price in the East China region of the mainstream market temporarily maintains the range of 11,000 to 11,500 yuan/ton.
The market experts of China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the spot resources in the market were insufficient and the price of raw materials (propylene) continued to rise on that day.
The majority is still 10,500 yuan/ton, still mainly for pre-contract users, and market trading merchants are committed to pulling up.
The raw material propylene market is tight and the price continues to rise.
The price of refineries in Shandong has increased by 100-150 yuan/ton, and the quotation range is 8,400-8600 yuan/ton.
The market supply continues to be tight and downstream factories are difficult to purchase; the other raw material liquid chlorine market is stable On the rise, the ex-factory price in Shandong has already exceeded 1,000, which can be between 1,200 and 1,400 yuan/ton.
The downstream epoxy resin market stimulated buying and the transaction improved slightly, but the terminal demand still needs to be improved.
Merchants pay close attention to the trend of the raw material market.
At present, the supply of goods in the market is still tight, and the overall transaction continues to be limited.
Manufacturers mainly supply contract users, with high and stable prices.
It is expected to continue to consolidate at a high level.
The dynamics of major manufacturers are still the focus of the market.
Although the international crude oil market is both ups and downs, the price of propylene continues to rise.
At present, FOB Korea is US$862-867/ton, CFR China is US$915/ton; the external price of epichlorohydrin has risen slightly, and the price of barrels and cans has remained unchanged at 11,500～ 1200 US dollars / ton (CFR China main port), raised 50 to 100 US dollars / ton.

    On the last trading day (April 3), the domestic epichlorohydrin market was at a high level and there was little negotiation.

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