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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 21, 2011: The domestic epichlorohydrin market has been adjusted at a high level and has limited fluctuations.
On the trading day (February 18), the mainstream transaction price in the East China region of the mainstream market still maintained the platform of 16,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market was high on the day, and trading was flat.
Most downstream inventories were consumed and there was little interest in entering the market on weekends.
The consultation period was stable and the raw materials continued.
Rising, short-term downside factors have not appeared for the time being; the domestic market spot traded sideways during the week, and some manufacturers once adjusted after the holiday, but now they have nothing to do.
The quotes are broad and the high-end small orders are mainly high-volume.
As the epichlorohydrin external disk market is strong, the Asian region's estimated price has risen by US$50/ton to US$2200-2250/ton CFR.
The raw material propylene has risen sharply, and the market demand after the holiday has rebounded.
This has become the main factor for higher prices; regional market canned goods may The selling intention of barrels is US$2300-2350/ton CFR, and the offer has risen by US$50-100/ton.
Inquiry intention of the Chinese market is US$2150-2200/ton CFR, and the supply is insufficient.
Domestic epichlorohydrin market regional quotation: the mainstream quotation in East China is 16000-16500 yuan/ton, the mainstream transaction price is 16000 yuan/ton; the mainstream quotation in Huangshan area is 16500 yuan/ton, the mainstream transaction price is 16000-16200 yuan/ton; the mainstream in North China The quotation is 16,000 yuan/ton, and the mainstream transaction price is 15,800-16,000 yuan/ton; the mainstream quotation in South China is 16,500-17,000 yuan/ton, and the mainstream transaction price is 16,500 yuan/ton.
On the last trading day (February 18), the epichlorohydrin raw material market continued to diverge.
The external market for propylene rose, the spot rose, liquid chlorine inventory pressure, and low levels.