Daily review of epichlorohydrin: weak trading

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 16, 2009: The domestic market for epichlorohydrin was weak and high, and it was on the trading day (April 15).
The mainstream transaction price in East China in the mainstream market is still temporarily staying at a high level of 13,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market offer continued to be firm on the day and prices were consolidating at a high level.
However, propylene continued to fall and downstream bearishness increased.
Mainly, the supply of goods in the market is tight, the merchants control the delivery, and the manufacturers are counting on the pull, and the market outlook is uncertain.
The second set of Tianjin Chemical Industry's second plant restarted in the middle of the day, and Zhonghai Jinghua has recently sold externally.
The market tension is expected to ease slightly.
The main domestic sources of supply are concentrated in Bohui Chemical, and the manufacturer's sales strategy is still the market focus.
In the raw material market, the supply of propylene continues to increase with the increase in equipment load, and the price continues to fall.
The negotiation level in Shandong is 7,300-7,400 yuan/ton; the trend of liquid chlorine market is slightly weak, and the actual center of gravity is slightly lowered.
It is also heard that the level of negotiation is 1,400 yuan/ton, which is slightly lower.
The current tight supply situation has not yet eased.
The quotations are firm and small orders are the mainstay.
The raw material propylene market continues to decline.
The downstream market has an increasing bearish atmosphere.
The wait-and-see atmosphere is relatively strong, and most of them are ready to use.
With the continuous decline of the propylene raw material market, the downstream application industry is gradually increasing with end users, the bearish atmosphere is gradually increasing, the market has a strong wait-and-see atmosphere, and buyers are more cautious in obtaining goods.
It is expected that the market will continue to consolidate within a narrow range.

    On the last trading day (April 15), the domestic epichlorohydrin was arranged at a high level.

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