Daily Review of Epichlorohydrin: Slightly Overcast

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 7, 2009 news: The domestic epichlorohydrin market tends to decline, trading deadlocked.
On the last trading day (July 6), the mainstream transaction price in East China, the mainstream market, slipped to 9400-9600 yuan/ton, down 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), there was a strong wait-and-see atmosphere in the market that day, and prices fell slightly.
Tianjin Chemical Industry and Zhonghai Jinghua were adjusted respectively-200 and 400 yuan / ton- -To 9,600 yuan/ton, Bohui Chemical and Xinyue Chemical reported stable 10,000 yuan/ton, but there are rumors that the transaction price is slightly lower and slightly lower.
The raw material propylene market continues to rise slightly.
The negotiation level in Shandong is 7900-8000 yuan/ton.
The current refinery equipment is operating normally and the supply quantity is basically stable; the liquid chlorine market is weakly consolidating, and actual transactions can be negotiated.
There is still a shutdown plan for chlor-alkali plants in Shandong.
As a result, some prices rose slightly.
Local ex-factory quotations were 700-800 yuan/ton for the low-end and 900-1000 yuan/ton for the high-end, and the market mentality improved slightly.
In fact, it has been characterized by a downward adjustment in the market.
The market atmosphere continues to be sluggish, some manufacturers' quotations have been lowered, low-end prices are clear, and market conditions have fallen.
Industry insiders have insufficient confidence in the market outlook and feel a little confused.
The short-term market weakness is difficult to change.
Supported by the external market of propylene, which is the entrusted raw material, some major manufacturers temporarily wait and see and actively discharge their goods, but the downstream demand is still sluggish and the enthusiasm for raw material procurement is not high.
It is expected that the market will continue to fluctuate, and the dynamics of manufacturers and market mentality still need to be paid attention to.

    On the last trading day (July 6), the domestic epichlorohydrin market fluctuated and fell slightly.

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