Daily review of epichlorohydrin: still light

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 14, 2009: The domestic market for epichlorohydrin is still lightly negotiated, and the market continues to maintain.
On the last trading day (September 11), the mainstream transaction prices in the East China region of the mainstream market were still in the range of 11,000 to 11,300 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market maintained light talks on that day.
The talks centered on the original range and the offer was temporarily held in place.
The domestic manufacturers’ installations were stable and the market supply remained stable.
More abundant, trading merchants and downstream manufacturers are more cautious.
The raw material propylene market fluctuates within a narrow range.
The negotiated price in Shandong area is 8650-8700 yuan/ton.
It is expected that it will try its best to maintain balance in the near future-mostly seeking among downstream products-such as polypropylene and epoxy products, but if the price of polypropylene continues to decline The propylene market is also unavoidable to fall; the liquid chlorine market is consolidating within a narrow range.
The negotiated price in Shandong area is 1200-1300 yuan/ton, and the factory shipments are average.
Follow the manufacturer's dynamics in the later trend.
At present, the market atmosphere remains good, the negotiation is steadily trending upwards, some transactions are slightly higher, the raw materials or low-level finishing or the atmosphere is good, and the ring chlorine can still be supported; however, the downstream demand is general and there are not many goods received, so the sellers will wait and see for the time being Mainly, the overall transaction volume is small.
In short, cost support is acceptable, demand is slow to increase, downstream digestion inventory is the main focus, and the delivery volume is still limited.
Manufacturers’ dynamics are worth paying close attention to, and the market is mainly operating within a narrow range.
The wait-and-see atmosphere is strong; the current international propylene fluctuates within a narrow range.
The price of chloropropane continues to rise, and the opportunity for imported resources to take advantage of the trend is increasing.

    On the last trading day (September 11), the domestic epichlorohydrin market was temporarily stable, the trading atmosphere was still flat, and the negotiation range was basically stable.

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