Daily review of epichlorohydrin: wait and see for now

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 13, 2010: The domestic epichlorohydrin market temporarily waits and sees and runs within a narrow range.
On the last trading day (July 12), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 12,500 to 12,600 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was flat on the same day with little volatility.
The negotiation range was still high and the high positions were mostly small orders.
At the beginning of the week, the market direction was unknown, and the main market was closely monitored.
Manufacturer trends, related products of bisphenol A have intensified, and downstream is waiting to see, and the overall market is active in inquiries.
Last week, the domestic market stabilized after a slight weakness.
After the middle of the week, international crude oil rebounded.
Some domestic propylene manufacturers rose slightly.
Liquid chlorine also used production cuts as a policy to insure the price.
There is limited room for the cost of epichlorohydrin to fall.
Some domestic manufacturers have been unstable in the early stage and whether they can recover smoothly within the week.
The price policies and production and sales of major manufacturers are still the main reference factors in the industry.
The spot market continues to fluctuate within a narrow range.
At present, both raw materials have stopped falling and heating up: crude oil has continued to rise, and downstream polypropylene has also risen.
Domestic propylene prices have risen by 100 yuan.
The current market continues to wait and see the trend of crude oil.
The transaction price in Shandong is 8400-8500 yuan/ton, and the manufacturer pushes it up.
Mainly; the liquid chlorine market price has stopped falling and rising at the same time, but the supply and demand are relatively unbalanced.
The price in Shandong is around 1,200 yuan/ton.
The raw materials have both stopped falling and warmed up, which is positive to a certain extent, dispelling some market participants' concerns about the market outlook.
The market situation continued for 3 weeks to sort out within a narrow range.
The downstream demand was not tepid, the supply and demand were relatively balanced, the prices of manufacturers were obviously stable, and short-term fluctuations were not easy.

    On the trading day (July 12), the domestic epichlorohydrin market was narrowed and relatively stable.

Do you want to browse the unsaturated resin market information? Click to enter www.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.