Daily Review of Epichlorohydrin: Unclear yet

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 4, 2010: The domestic epichlorohydrin market is temporarily unclear, and the market is sorted out.
On the last trading day (August 3), the mainstream transaction price in East China in the mainstream market basically maintained the range of 12,500 to 13,000 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s wait-and-see atmosphere was still strong on that day.
Although manufacturers’ quotations were more stable at RMB 13,500/ton, it’s difficult to find real-world stocks, and intermediaries are cautiously bullish.
The expectation is still there, and the market is closed without reporting.
The market price is not clear and the downstream inquiries are active.
As manufacturers continue to increase, the spot market is waiting to be clear.
At present, the cost of epichlorohydrin has little impact.
Manufacturers still dominate the market.
Most downstream companies passively accept and pay close attention to changes in all parties.
The price is expected to fluctuate and rise.
The upstream raw material propylene spot continued its upward trend.
The mainstream negotiated price in Shandong area was 8600-8900 yuan/ton, and the upward adjustment was 200 yuan/ton.
The downstream was positive, which provided some support for it; another raw material liquid market fluctuated at a low level, and the mainstream negotiated price in Shandong area was 750 ~ 1100 yuan/ton, the trading atmosphere is general, and the market is slightly weak.
Downstream due to the sharp rise of epichlorohydrin, cost pressures have risen sharply, manufacturers have raised prices or closed the market without reporting, liquid resins have increased by 500 yuan/ton, manufacturers have been cautious in purchasing raw materials, and solid resins have suspended quotations due to the unknown direction of raw materials.
, The overall market has reached a high level, with prices and less markets.
In short, manufacturers have continued to increase, the market tends to be unified, downstream and intermediate businesses wait and see, waiting for the market to gradually become clear, it is expected that epichlorohydrin will fluctuate and rise in the near future.

On the last trading day (August 3), domestic manufacturers of epichlorohydrin increased and their quotations rose sharply, ranging from 13,000 to 13,500 yuan/ton, mainly high-end.
As a result, transactions opened higher in the morning and continued to strengthen, and downstream and merchants made more efforts.
Wait and see, the truth remains to be clarified.
There was a rebound in bulk commodities last week, and the epichlorohydrin market was no exception.
After midweek, merchants were reluctant to sell and increase.
On weekends, the main factory Bohui led the rise of 1,000 yuan, and other manufacturers gradually followed up.
Some equipment failures and exports were still good.
There is no pressure on production, sales, or shipments.
At present, there are no goods at a price in some areas.
Manufacturers still ship many contract users.
It is not easy for merchants to pick up goods.
There is not much social inventory.
The market is closed and wait-and-see.
Unheard of active quotations and it is not easy to find goods downstream; market participants are cautiously bullish, with limited stocks, merchants Following the rise, lack of resources, buyers have an active search for goods, low prices are hard to find, and there is little news about actual negotiations and transactions, and the market is going up.
Pay attention to the operation of downstream applications.
In short, the intermediate merchants lack inventory, despite the increase in quotations, the actual supply is scarce, and the bullish mentality is the mainstay and wait-and-see demand.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 13,500 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 12,500-13,000 yuan/ton; The mainstream quotation in Huangshan area is 13,500 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 12,500-13,000 yuan/ton; the mainstream quotation in North China is 13,500 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 12500-13,000 Yuan/ton; the mainstream quotation in South China is 14,000 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 13,000 to 13,500 yuan/ton.

    Domestic epichlorohydrin manufacturers continue to be strong in the market and report at the high end.
The export trend is still good, and domestic supply and demand are tight, providing corresponding support energy for their operations.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 13,500 yuan/ton (including freight), the contract is the main one, and the shipment is normal, 8+8+80,000 The ton/year device is operating normally, and the fourth set of 80,000 ton/year device is scheduled to be completed in August; Tianjin Chemical’s ex-factory price is 13,500 yuan/ton (including freight), with an increase of 500 yuan/ton.
Contract supply is the main focus and some exports, 2.
8 +33,000 tons/year plant operation maintenance; Xinyue Chemical’s ex-factory quotation is 13,500 yuan/ton (including freight), the contract volume is mainly contracted, the inventory is low, the 40,000 tons/year plant operation is maintained, and the load is 80%; Qilu Petrochemical’s ex-factory price 13,500 yuan / ton (including freight), 500 yuan / ton increase, contract supply mainly, resume billing, 32,000 tons / year installation load 50%, stable operation; Yangnong Chemical's ex-factory price is 13,500 yuan / ton (including freight) , Increase by 500 yuan/ton, mostly for self-use, with a small amount of accompanying, 3+30,000 tons/year, 60% of the installation load, stable operation; CNOOC Refined and closed, the initial ex-factory price of 16,500 yuan/ton (including freight), 40,000 tons /Year equipment load is 70%, operation tends to be normal; Huaxiang chlor-alkali seals, pre-factory price of 16,600 yuan/ton (including freight), 35,000 tons/year unit restarts on Sundays, load is limited; Baling Petrochemical closes, pre-stage The ex-factory price is 17,500 yuan/ton (including freight), mainly for self-use, a small amount of external supply, 32,000 tons/year, the device is operating at full capacity; Anbang electrochemical sealing, the pre-factory price is 6,500 yuan/ton (including freight), 25,000 tons /Year device continues to stop.

(Our reporter Meili)

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