Epichlorohydrin Daily Review: Wait and see the market

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News January 9, 2009: The domestic epichlorohydrin market is dominated by consolidation, and the mainstream market on the trading day (January 8) The mainstream transaction prices in East China continue to maintain a range of 5,800 to 6,000 yuan/ton, and the center of gravity of the market is still moving upward.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s wait-and-see atmosphere was strong that day, the mainstream negotiated prices continued to be maintained, and the demand shrinking near the end of the year was intensified.
Manufacturers continued to control the start of construction and wait and see the market trend.
There is no intention of any "struggling" game; Qilu Petrochemical, an important domestic weather vane manufacturer, temporarily holds 5800 yuan/ton (the plant plans to undergo a comprehensive overhaul in April, and the chlor-alkali plant is involved, and the ring chlorine plant is expected to be shut down by then), Tianjin The restart of the two chemical plants during the Spring Festival is still under evaluation.
The Bohui chemical plant has been opened and stopped, and the price has been unintentionally increased; in the Asian regional market, the foreign market has a 4% anti-dumping duty quoted at US$900-1000/ton (CFR China Main Port) ), lack of buying intention (market valuation 800-850 US dollars / ton CFR), some of the 5% anti-dumping duty tanks and tanks selling intentions 850-900 US dollars / ton (CFR China main port), some are even lower.
Thousand tons of Russian goods were traded at US$800/ton (CFR China’s main port).
Due to the high anti-dumping duties, there was little market interest.
The downstream construction was further reduced towards the end of the year, and the domestic sources of goods were relatively low and the market import interest was relatively weak.
Mainstream domestic negotiations are still maintained, mostly at 5800-6000 yuan/ton.

On the last trading day (January 8), the domestic epichlorohydrin trend was warming, subject to the increase in the price of raw material propylene, and the market middle merchants deliberately increased it.

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