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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 4, 2010: The domestic epichlorohydrin market has narrowed and has limited fluctuations.
On the last trading day (March 3), the mainstream transaction price in the mainstream market in East China was temporarily stable in the range of 16000-16200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was still relatively light on that day.
The quotations of various factories were temporarily stable, and the actual prices were slightly lower.
It is mentioned that the market has gradually become clear.
Although the factory intends to raise the price, it is difficult for the buyer to accept the firm offer, and the overall transaction volume is not good; the downstream epoxy resin production and sales are not smooth, the market has risen slightly, and the high-level raw materials are resisted.
Spot trading and the market fluctuate within a narrow range.
In March, the overall domestic supply of epichlorohydrin increased, coupled with the poor production and sales of downstream epoxy resins, the current high price is difficult to accept, there are still many market inquiries, and the actual buying intention is average.
Follow-up is still the main tone of the market.
The raw material propylene spot price is stable at a high level, and the negotiated price in Shandong area is 10100-10200 yuan/ton.
The external market stabilizes and the negotiated price in the Asian market is 1239-1241 US dollars/ton (FOB Korea); the domestic liquid chlorine market has partially strengthened, and the price in Shandong area is 1500~ 1700 yuan/ton, the transaction is at the middle and low end.
The impact of domestic weaknesses, the Asian epichlorohydrin stopped rising and callback, the actual negotiated price was 1900-1920 US dollars/ton (CFR China's main port); in view of the weak downstream procurement, the market trading rhythm will be further influenced, and the short-term manufacturers will keep prices stable and stable.
Therefore, the price of epichlorohydrin fluctuates within a narrow range and the market continues, and there is no lack of negative decline.
On the last trading day (March 3), the domestic epichlorohydrin market faded away.
The downstream cautious attitude remained unchanged, the inquiries were numerous but the real talks were few, the high-end offer levels were lowered, the negotiations were adjusted, and the focus of trading was concentrated.
In the low-end segment, poor downstream production and sales may impede purchases.
As the gap between manufacturers' quotations narrows, buyers enter the market cautiously, and actual discussions are limited.
In March, the downstream epoxy resin started to increase and the stocks were generally limited.
Therefore, when the subsequent demand picks up, the trading of epichlorohydrin is expected to increase.
Focus on the production and sales rhythm of major manufacturers.
At present, the raw material propylene and liquid chlorine have stabilized.
Among them, the domestic propylene market has stabilized, and the price in Shandong has remained stable.
The refinery said that the shipment situation is normal, and the external disk has risen within a narrow range, mainly supported by oil prices.
In short, the domestic market sentiment has been adjusted, up or down, and polarized.
The inter-factory price gap has been significantly narrowed compared with the previous one.
The downstream procurement is cautious, the actual transaction situation is average, the contract volume is dominant, the overall supply is rising, and the two-way adjustment of manufacturers releases the signal of market stability.
, There is still time to be certified.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16000-16500 yuan/ton, the mainstream transaction price is 16000-16200 yuan/ton; the mainstream quotation in Huangshan region is 16000~ 16,500 yuan/ton, the mainstream transaction price is 15800-16,000 yuan/ton; the mainstream quotation in North China is 16,000-16500 yuan/ton, the mainstream transaction price is 15800-16,000 yuan/ton; the mainstream quotation in South China is 16500-17,000 yuan/ton, the mainstream transaction price 16500~16700 yuan/ton.
Domestic manufacturers of epichlorohydrin have adjusted their prices and their ranges have shrunk.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 16,500 yuan/ton (including freight), the first set of 80,000 tons/year is operating normally, and the second The 80,000-ton/year installation has attracted wide attention.
The third 80,000-ton/year installation will continue to be shut down.
The contract is the main contract and the shipment is general; Tianjin Chemical’s ex-factory price is 16,000 yuan/ton (including freight) and 28,000 tons/year installation.
Normal operation, 33,000 tons/year plant continues to shut down, sales are stable, and contract is the priority; Xinyue Chemical’s ex-factory price is 16,500 yuan/ton (including freight), and the 3+30,000 tons/year plant is operating stably and half of the start-up is contracted.
, High price conflicts; Qilu Petrochemical’s ex-factory quotation is 15,500 yuan/ton (including freight), 32,000 tons/year equipment load is 50%, contract-based, settlement is in progress, and accompanying travel; Yangnong Chemical’s ex-factory quotation is 17,000 yuan/ton (including Freight), the 3+30,000 tons/year device is operating normally, some of which are exported, mostly for self-use; China Shipping Fine Chemicals seals the disk, the preliminary ex-factory price is 9600 yuan/ton (including freight), the 40,000 tons/year device is operating normally, and the load is 6 Huaxiang’s chlor-alkali price is resumed, and the price is still 15,500 yuan/ton (including freight).
The 35,000 tons/year plant restarts and the output has been produced.
The contract is the main contract, but a small amount is planned to be supplied; Baling Petrochemical The ex-factory price is 17,000 yuan/ton (including freight), and the 32,000 tons/year device is operating at full capacity, mainly for self-use, with a slight increase in foreign sales; Anbang electrochemical seals, the pre-factory price of 6500 yuan/ton (including freight), 20,000 tons /Year, the device is running at low load, and there is no quotation for the time being.
(Our reporter Ruo Hua)
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