Daily review of epichlorohydrin: a narrow rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 2, 2010: The domestic epichlorohydrin market is rising within a narrow range, and the low-end is rising.
On the last trading day (September 1), the mainstream transaction price in East China in the mainstream market basically formed a single platform of 16,000 yuan/ton, and the low-end increased by 300 yuan/ton.
According to the analysis of the market experts of the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot trading atmosphere in the market on that day was general, with an offer of 16,000 yuan/ton or slightly higher, and actual shipments closely following.
Downstream users and Second-hand merchants wait and see at a high level, the pace of trading is slow, and some manufacturers' contract transactions are slightly lower; the market is turbulent and buyers are passively accepted.
The main manufacturers have low inventory and actively raise prices.
However, related products of bisphenol A have skyrocketed, and downstream profit margins continue to be squeezed Pressure, conflicts with high-priced raw materials, follow-up focus on domestic manufacturers to start shipping, is expected to fluctuate at a high level in the short term.
At present, the domestic market is further heating up, some manufacturers have introduced new prices, and their market position has gradually disappeared.
Intermediary merchants follow the market and offer up, but there are not many high-level transactions for the time being.
Recently, the two major raw materials have continued to rise side by side, the downstream is under obvious pressure, risk-averse procurement on demand, and further attention to the follow-up market response.
The raw material propylene was further adjusted downwards.
The price in Shandong area was 9500-9650 yuan/ton, down 200 yuan/ton; liquid chlorine was not available in many sources, the price was firm, and the focus of low-end negotiations shifted upward, and the price in Shandong area was 1500-1800 yuan/ton.
In short, raw materials have risen and fallen, and cost fluctuations are not obvious.
Domestic manufacturers have obvious intentions to uphold prices and there is no inventory pressure for the time being.
Follow-up will pay more attention to downstream acceptance.

    On the last trading day (September 1), the domestic epichlorohydrin market remained high and fluctuated, the negotiation level was raised at the low end, and the trading situation was average.
The related product bisphenol A further rose, and most downstream products stopped to wait and see.
The current market is waiting and watching.
The atmosphere is strong.
Domestic manufacturers have no pressure on production and sales for the time being, and are actively supporting the market.
The downstream maintains production and reluctantly accepts passively.
However, there is no lack of contradictions at high levels.
The trend of raw materials has its own advantages, weakening, or tightening prices.
In short, prices are rising, and the market's focus is on the rise.
Most industry players say that there is a lack of downside space, and the market is concerned about follow-up directional guidance.
At present, the low-end is mostly for contracts and retail investors.
The spot market for raw material propylene has fallen from a high level, downstream purchases have slowed down, and various regions have fallen; the focus of the liquid chlorine market has further risen, which is relatively strong and is expected to continue.
Domestic manufacturers actively support prices.
The market sentiment has slightly recovered and the focus of negotiations has been raised.
However, the two raw materials have risen side by side, and the downstream is under obvious pressure and passive follow-up.
Part of the starting load will be adjusted downwards, which may hinder it.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16,000-16,500 yuan/ton, the mainstream transaction price is 16,000 yuan/ton, and the low-end price is raised by 300 yuan/ton; The mainstream quotation in Huangshan area is 16200-16500 yuan/ton, the low-end price is raised by 200 yuan/ton, the mainstream transaction price is 16000-16200 yuan/ton, the low-end price is raised by 300 yuan/ton/the high-end price is raised by 100 yuan/ton; the mainstream quotation in North China is 16000～ 16,000 yuan/ton, the mainstream transaction price is 15800-16,000 yuan/ton; the mainstream quotation in southern China is 16500-17,000 yuan/ton, the mainstream transaction price is 16,500 yuan/ton, and the low-end price is raised by 300 yuan/ton.

    A small number of domestic epichlorohydrin manufacturers have risen again, and most have shown prices.
According to the introduction of market experts from China Epoxy-e.
cn, Bohui Chemical’s ex-factory price is 16,000 yuan/ton (including freight), and the contract supply is mainly 8+8+80,000 tons/year.
The equipment will be overhauled in turn and the load will be reduced.
The fourth set of 80,000 tons/year equipment is planned to be completed within this year; Tianjin Chemical’s ex-factory price is 16,000 yuan/ton (including freight), and the increase is 500 yuan/ton.
Contract supply is the main focus and close attention to the market, 28,000 The ton/year device is operating stably, and the load of the device is 33,000 tons/year; Xinyue Chemical’s ex-factory price is 16,500 yuan/ton (including freight), the contract is the main one, the inventory is low, the 40,000 tons/year device is operating normally, and the daily output is 100 tons ; Qilu Petrochemical’s ex-factory quotation is 15,500 yuan/ton (including freight), and has not yet resumed billing, and the contract is mainly used, and the installation load of 32,000 tons/year is 80%; Yangnong Chemical’s ex-factory quotation is 17,000 yuan/ton (including freight), mostly for personal use, A small amount of export or domestic supply, 30%+30,000 tons/year equipment load 60%, stable operation; China Shipping Refinery seals, the initial ex-factory price of 16,500 yuan/ton (including freight), 40,000 tons/year equipment is operating normally, and the load is 80% ; Huaxiang’s chlor-alkali seal, the initial ex-factory price of 16,600 yuan/ton (including freight), 35,000 tons/year equipment load increase, and daily output of 70 tons; Baling Petrochemical’s ex-factory price of 16,000 yuan/ton (including freight), mainly for self-use, A small amount of external supply, the 32,000 tons/year device is operating normally, and the maintenance is scheduled to start about 8th, and the time is 2 weeks; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight), and the 25,000 tons/year device will be overhauled again .

(This station reporter Shuohua)

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