Daily review of epichlorohydrin: still falling

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 8, 2009: The domestic epichlorohydrin market has not stopped and is still falling.
The last trading day (May 7) Japan) The mainstream transaction price in the East China region of the mainstream market began to enter a single platform of 9,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market negotiated that the price was sluggish and slightly lower on the day, and there are also hearsays that downstream factories continue to join the parking ranks, the overall operating load is not high, and the demand continues to be sluggish.
The wait-and-see atmosphere is strong, and overall discussions are few; the low-end quotations in the market are frequent, the number of transactions is limited, the wait-and-see atmosphere is strong, and the mentality is more pessimistic.
The market continued to weaken and run downward, and the focus of domestic market discussions continued to fall.
Some manufacturers implicitly cut prices and actively sold, but the market demand was sluggish, and buyers were generally cautious in receiving goods.
Faced with a strong wait-and-see atmosphere and limited transactions, Tianjin Chemical and Yangnong Chemical have adjusted their prices again.
Qilu Petrochemical’s 32,000-ton/year plant is expected to restart on May 12, and Huaxiang’s 35,000-ton/year chlor-alkali plant is expected to be commissioned at the end of the month.
The resources are sufficient.
In terms of external disks, Asian prices fell sharply by US$150-200/ton, and market negotiations were US$1050-1150/ton (CFR China's main port).
The market price of propylene, a raw material, is operating steadily, with a negotiated price of 7,500 yuan/ton in Shandong; another raw material, liquid chlorine, continues to operate at a weaker rate, with a negotiated price of 700-800 yuan/ton, which is slightly lower and has a pessimistic mentality.
Epichlorohydrin internal and external interactions fell, downstream demand was sluggish-epoxy resin market wait and see increased, delivery lags behind, end-user demand is sluggish, epichlorohydrin continues to weaken.

On the last trading day (May 7), the domestic epichlorohydrin market remained weak and the weakness continued.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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