Daily Review of Epichlorohydrin: Weak and Calm

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] August 20, 2010: The domestic epichlorohydrin market is weak and calm, and the high-end market continues to fall.
On the last trading day (August 19), the mainstream transaction price in the mainstream market in East China, then formed a single platform of 15,500 yuan/ton, and the high-end price was reduced by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market atmosphere on the day was relatively calm, with overcast declines, the trading atmosphere was relatively light and calm, high-end narrow-range callbacks, and heavy volume , Many manufacturers choose to wait and see in light warehouses, and the transactions are sparse.
Sellers generally say that it is difficult to ship at high prices.
It is difficult to accept the downstream price of 15500 yuan/ton.
The spot market seems to be stuck in a stalemate.
The downstream epoxy resin prices are stagnant and bearish.
Manufacturers consume inventory and worry about follow-up risks, and their intentions for high-level stocking are becoming thinner, except for some contracts and the overall market is light.
The raw material propylene market continues to maintain stability, and the price in Shandong is around 9,400 yuan/ton; another raw material, liquid chlorine, has further increased, and the price in Shandong is 1350-1,500 yuan/ton.
The recent rise has been rapid and the market is not without concerns.
There is obvious disagreement with the market outlook: some said that as demand gradually improves, prices are expected to stabilize, and some said that raw materials will be negatively affected in the later period, and there is no lack of demand for epoxy resin prices; currently the epichlorohydrin spot is at a high level, and domestic manufacturers are temporarily unavailable Clarify the news guidance, and the intermediate merchants and downstream are cautiously waiting and watching, given that the main manufacturers have no inventory pressure for the time being, and the short-term shocks continue to sort out the market.

    On the last trading day (August 19), the domestic epichlorohydrin market was quiet and declined.
Merchants offered up and down 15,800 yuan/ton.
Downstream users digested their inventory and waited and watched cautiously.
The pace of procurement was slow and the focus of negotiations was lower.
Merchants generally said that shipments were blocked and transactions were average; the market sentiment was flat on the day, with the gradual increase in construction, the overall supply improved slightly, downstream costs were not easy to pass, high conflicts, and the mainstream conversation interval was slightly adjusted.
Pay close attention to the production and sales of manufacturers and the start of downstream operations.
, It is expected that the short-term gains will be digested and fluctuated.
At present, the market fluctuates at a high level and trading is thin.
Although manufacturers mainly maintain stability or close the market to keep prices, the terminal is not able to follow up at a high level, and some demand is on demand.
Intermediate merchants follow the market to move mainly in volume, and the market is beginning to show signs of weakness.
The propylene spot market continues to trade sideways, and the liquid chlorine market still fluctuates at a high level.
Compared with the raw materials and prices of epichlorohydrin, the market is more concerned about changes in the fundamentals of supply and demand.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 15500-15800 yuan/ton, the mainstream transaction price is 15500 yuan/ton, and the high-end price is reduced by 200 yuan/ton; Huangshan The mainstream quotation in the region is 15800-16000 yuan/ton, the mainstream transaction price is 15500-15600 yuan/ton, the high-end price is reduced by 200 yuan/ton; the mainstream quotation in North China is 15500-15800 yuan/ton, the mainstream transaction price is 15300-15500 yuan/ton, the low-end Decrease by 200 yuan/ton; mainstream quotations in southern China are 16,000-16,300 yuan/ton, mainstream transaction prices are 16,000 yuan/ton, and high-end prices are lowered by 200 yuan/ton.

    Domestic epichlorohydrin manufacturers partly closed the market and partly stabilized their prices, and their intentions were to stabilize prices and temporarily reduce changes.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: Bohui Chemical’s closure, the initial ex-factory quotation is 16,000 yuan/ton (including freight), the contract is the main one, the shipment is normal, 8+ The 80,000 tons/year plant is operating normally, and the fourth set of 80,000 tons/year plant is planned to be completed within this year; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), contract supply is the mainstay, and some exports, 2.
8+33,000 The ton/year device is operating stably and the load is relatively high; Xinyue Chemical’s closing price, the initial ex-factory price of 16,000 yuan/ton (including freight), the main contract volume, the low inventory, the 40,000 tons/year device operation stabilizes, and the load Normal; Qilu Petrochemical’s ex-factory quotation is 15,500 yuan/ton (including freight), contract supply is the mainstay, normal billing, 32,000 tons/year, the unit is operating stably, and the load is full; Yangnong Chemical’s closing, the pre-ex-factory quotation is 13,500 yuan/ton (Including freight), mostly for self-use, with a small amount of accompanying, 30% of the installation load per year of 30+30,000 tons, stable operation; China Shipping Precision Sealing, the initial ex-factory price of 16,500 yuan/ton (including freight), 40,000 tons/year The device is operating normally and the load is 80%; Huaxiang's chlor-alkali seal, the pre-factory price of 16,600 yuan/ton (including freight), 35,000 tons/year, the device is operating normally, and the construction is normal, temporarily available to the pre-contract users; Baling Petrochemical’s factory price is 16,000 RMB/ton (including freight), mainly for self-use, a small amount of external supply, 32,000 tons/year, the device is operating normally, and 80% of the start-up; Anbang electrochemical seal, the pre-factory price of 6,500 yuan/ton (including freight), 25,000 tons/ The installation continued to stop for the year.

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