Daily Review of Epichlorohydrin: Weak Atmosphere

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 20, 2010: The domestic market for epichlorohydrin is weak and weak.
On the last trading day (July 19), the mainstream transaction price in East China, the mainstream market, formed a range of 12,400 to 12,500 yuan/ton, and the low end was reduced by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market seemed to be quiet that day.
There were no clear fluctuations at the beginning of the week, and the market was mostly cautious.
The market price was 12,500 yuan/ton.
From the left to right, the actual reference price is narrow and the transaction is not much.
Domestic supply has increased, the spot market has shown signs of weakness, the pace of trading has slowed, but the volatility has slowed down.
Downstream terminals and intermediaries are cautiously watching and paying close attention to the price directions of major manufacturers.
On that day, the weak domestic market was mainly reorganized.
The market was still inertial and wait-and-see atmosphere last week.
Market participants were full of concerns about the market outlook.
Manufacturers' quotations were stable and delivery was slow.
Recently, the market has been trending downwards and transactions have been flat.
Manufacturers’ quotations are no longer “fascinating” and construction has resumed one after another.
Propylene prices have risen, making people confused about the market.
Some manufacturers have sales pressure and slightly lower shipments.
In addition, with the weakening of the spot market and the increase in export arbitrage, the supply in the Asian market has eased, and the high level of the external market has declined slightly.
At present, there is still a lot of room for the upside down of the internal and external markets.
In addition to the processing of imported materials and contract supply, the "channel" has basically been blocked.
In short, the selling of epichlorohydrin is declining, the buyers are cautiously bearish, and the shocks are still weak.
Pay close attention to manufacturers.

    On the last trading day (July 19), the domestic epichlorohydrin market continued to fluctuate and weakened.
The bearish expectations of both supply and demand tended to be consistent.
All parties concerned about the production and sales of domestic manufacturers and their price directions.
The pattern of weak trading continued and the market situation Weakness is mainly organized, the market is weak and fluctuating, the overall shipment situation is not smooth, the downstream still consumes more inventory, and the market entry inquiry atmosphere is flat; the main characteristics of market operation are: weak atmosphere and light trading.
The raw material market is arranged sideways and the wait-and-see atmosphere is strong, and the overall stability of propylene and liquid chlorine is mainly: the recent lack of propylene is obvious and the sideways arrangement continues; the liquid chlorine market enters a weak channel to stabilize.
Downstream epoxy resin raw materials are both fluctuating, the mainstream negotiated price fluctuations are not obvious, the demand is off-season, the rebound is not strong, the cost of solid resin is promoted, and the overall demand is relatively stable, the overall demand is flat, and the buyer's on-demand procurement model , The number of transactions is limited.
In short, the atmosphere of epichlorohydrin has turned weak, the downstream is cautiously wait-and-see, and the procurement is cautious, and the operation of the manufacturers is temporarily stable, and the weak shock continues.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 12500-13000 yuan/ton, the mainstream transaction price is 12400-12500 yuan/ton, and the low-end price is reduced by 100 yuan/ Tons; mainstream quotations in Huangshan area are 12500-13000 yuan/ton, mainstream transaction prices are 12400-12500 yuan/ton, and low-end prices are reduced by 100 yuan/ton; mainstream quotations in North China are 12500-13000 yuan/ton, mainstream transaction prices are 12100-12500 yuan/ Tons, the low-end price is lowered by 200 yuan/ton; the mainstream quotation in South China is 13000-13500 yuan/ton, the mainstream transaction price is 12900-13000 yuan/ton, and the low-end price is lowered by 100 yuan/ton.

    Domestic epichlorohydrin manufacturers maintained stability at the beginning of the week, and the overall available output increased, and the pressure on shipments has not yet been highlighted.
According to market experts from China Epoxy-e.
cn (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 12,500 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 tons/year device is scheduled to be completed in August; Tianjin Chemical’s ex-factory price is 12,500 yuan/ton (including freight), and the shipment situation is normal, and the contract supply is mainly 2.
8+33,000 tons/ The annual plant is operating normally and the load is 80%; the ex-factory price of Xinyue Chemical is 12,500 yuan/ton (including freight).
The spot has turned weak recently and the market outlook is not optimistic.
The 40,000-ton/year plant is maintained and the load is 80%; Qilu Petrochemical’s ex-factory price is 12,500 yuan /Ton (including freight), the contract supply is the mainstay, the shipment is smooth, the installation load of 32,000 tons/year is 50%, and the operation is stable; Yangnong Chemical’s ex-factory price is 13,000 yuan/ton (including freight), mostly for self-use, and a small amount is available on the market.
3+30,000 tons/year equipment load is 50%, operation is acceptable; China Shipping Refinery has sealed the disk, the pre-factory price is 16,500 yuan/ton (including freight), 40,000 tons/year equipment is operating normally, the load is 80%, and the supply is available on the market.
General; Huaxiang’s chlor-alkali seal, the pre-ex-factory price of 16,600 yuan/ton (including freight), 35,000 tons/year, the unit is operating normally, 50% of the start-up, general sales, and insufficient inventory; Baling Petrochemical’s closed, pre-factory price of 17,500 yuan /Ton (including freight), mainly for self-use, a small amount of external supply, 32,000 tons / year equipment is operating at full capacity; Anbang electrochemical sealing, the pre-factory price of 6,500 yuan / ton (including freight), 25,000 tons / year equipment continues The time of stopping and restarting is unknown.

(Our reporter Zhong Huan)

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