Daily review of epichlorohydrin: a gentle rhythm

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 5, 2010 News: The domestic epichlorohydrin market is organized at a high level and the rhythm is slow.
On the last trading day (February 04), the mainstream transaction prices in the East China region of the mainstream market were temporarily stable in the range of 16,300-16,500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was flat on the day, and the quotation continued to be broad.
The actual negotiation interval was temporarily stable, and the manufacturer's contract supply was the main source.
The intermediate circulation sources were still not many.
Holders do not sell at low prices, and the downstream parking is increasing before the holiday, and the pace of traffic is generally flat; the market fluctuates throughout the week and the quotation is firm.
Manufacturers mainly maintain contracted supply.
As the Spring Festival approaches, the demand of end users decreases.
Price conflicts, some on-demand purchases are made on the market, and the circulation links are generally heavy and temporarily sorted out.
The raw material propylene market is calm, the international crude oil fluctuates higher in the intraday, and the mainstream negotiation in Shandong area is about 10,000 yuan/ton; the quotation of liquid chlorine market continues to rise, the price of Shandong area is 1500-1700 yuan/ton, and the negotiation level is 1500-1600 yuan/ton.
Manufacturers report that the downstream demand is good, the shipments are acceptable, the impact of power curtailment, and the insufficient operation of the installations, so the market supply is slightly tight.
The epichlorohydrin market continues to run at a high level, and downstream demand is further fading.
Due to the current high price, downstream and intermediate businesses wait and see, and there is little demand for stocking before the holiday.
Epichlorohydrin has a large profit margin, and the spot supply continues to be tight and the main force Manufacturers have obvious intentions to hold up prices, and it is expected that the recent high market consolidation will continue.

    On the previous trading day (February 04), the domestic epichlorohydrin offer was wide and the negotiation maintained, the raw material propylene fluctuated within a narrow range, and the liquid chlorine cargo price rose.

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