Daily review of epichlorohydrin: a sharp rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 5, 2010: The domestic epichlorohydrin market has risen sharply and regained a high level.
On the last trading day (August 4), the mainstream transaction price in East China in the mainstream market basically maintained the range of 12,500 to 13,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), market manufacturers raised support substantially on the day, the market opened sharply, the market atmosphere was active, the downstream was actively seeking goods at 14,500 yuan/ton, and some merchants were experimenting.
The offer is about 15,000 yuan/ton, and further attention will be paid to the follow-up firm trading.
During the week, the spot market was basically closed for 2 days, and sales were reluctant to increase.
The market was cautiously optimistic, paying close attention to the manufacturer’s direction, and the raw material liquid chlorine fluctuated within a narrow range; propylene rebounded sharply, the foreign disk FOB benchmark price in South Korea climbed to $1120/ton, and the spot market in Shandong The increase is 9,000 yuan/ton.
The supply of short-term epichlorohydrin is tight, and the market is bullish, waiting for the market to become clear.
Since Bohui Chemical led the rise last weekend, it has risen by 2,000 yuan/ton in just four days, which has risen rapidly and exceeded most people’s expectations.
The downstream industry passively accepts and at the same time promotes costs.
Epoxy resin manufacturers have continued to increase.
The pressure on large raw materials has increased sharply, and the difficulty in transferring to the market outlook has increased.
Follow-up will be closely followed by downstream and its own resin.
Intermediate merchants are cautiously optimistic about the market outlook, and most of them are closed and reluctant to sell, and some are mainly for core customers.
Due to the corresponding shortage of spot resources, the downstream passively accepts.
At present, the price of epichlorohydrin is rising tightly, and the price is still rising.
Intermediate businesses wait and see that the market is clear, and most of them are cautious and optimistic in the short-term.

    On the last trading day (August 4), the domestic epichlorohydrin market was wait-and-see, and the transaction rose sharply.
It is difficult to find the actual spot supply, the merchants are cautiously bullish and close, the market price rises, and downstream inquiries are active.
As manufacturers continue to increase , Spots move up simultaneously but it is unclear.
At present, the cost of epichlorohydrin has little impact, and manufacturers still dominate the market.
Most downstream companies passively accept and pay close attention to changes in all parties.
The price is expected to fluctuate and run at a high level.
The upstream raw material propylene spot continued its upward trend, and the downstream was positive, which produced certain support; the other raw material liquid chlorine market fluctuated at a low level, the trading atmosphere was general, and the local market was slightly weak.
As epichlorohydrin has risen sharply, cost pressures have risen sharply, downstream prices have been raised or closed, liquid resins have risen by 500 yuan/ton, raw materials are purchased cautiously, and solid resins have been suspended in view of the unknown direction of raw materials and many suspended quotations.
The overall market Entering a high position, there is a low market price.
In short, manufacturers continue to rise, the market tends to be high, downstream and intermediate businesses wait and see.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14,500 yuan/ton, an increase of 1,000 yuan/ton, and the mainstream transaction price is 14,000-14500 yuan/ton, an increase of 1,500.
Yuan/ton; mainstream quotation in Huangshan area is 14500 yuan/ton, raised by 1000 yuan/ton, mainstream transaction price is 14000-14500 yuan/ton, raised by 1500 yuan/ton; mainstream quotation in North China is 14500 yuan/ton, raised by 1000 yuan/ton, The mainstream transaction price is 14000~14500 yuan/ton, an increase of 1500 yuan/ton; the mainstream quotation in South China is 15000 yuan/ton, an increase of 1000 yuan/ton, and the mainstream transaction price is 14500~15000 yuan/ton, an increase of 1500 yuan/ton.

    Domestic epichlorohydrin manufacturers continue to push the price and increase sharply.
Exports are getting better and the domestic market is tight.
Relying on the leading position of supply, it can achieve short-term skyrocketing.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 14,500 yuan/ton (including freight), and the increase is 1,000 yuan/ton.
The contract is the main one and the shipment is normal.
The 8+8+80,000-ton/year plant is operating normally, and the fourth set of 80,000-ton/year plant is scheduled to be completed in August; Tianjin Chemical’s ex-factory price is 13,500 yuan/ton (including freight), and the contract supply is mainly for export, 2.
8 +33,000 tons/year of equipment operation maintenance; Xinyue Chemical’s ex-factory price is 14,500 yuan/ton (including freight), and the increase is 1,000 yuan/ton.
Contract volume is mainly used, inventory is low, and 40,000 tons/year equipment operation is maintained and load 80%; Qilu Petrochemical’s ex-factory quotation is 13,500 yuan/ton (including freight), contract supply is the mainstay, normal billing, 32,000 tons/year installation load 50%, stable operation; Yangnong Chemical’s closing, pre-factory quotation 13,500 yuan/ton (Including freight), mostly for self-use, with a small amount of accompanying, 30% of the equipment load per year of 30+30,000 tons, stable operation; CNOOC Limited, the pre-ex-factory price of 16500 yuan/ton (including freight), 40,000 tons/year The equipment load is 70% and the operation tends to be normal; Huaxiang's chlor-alkali chlor-alkali disks are closed, and the initial ex-factory price is 16,600 yuan/ton (including freight), and the 35,000 tons/year device is operating normally and the load is slightly lower; Baling Petrochemical’s ex-factory price is 15,000 yuan/ton (Including freight), lowered by 2500 yuan / ton than before the resumption of the market, mainly for self-use, a small amount of external supply, 32,000 tons / year equipment is operating at full capacity; Anbang electrochemical closure, the initial ex-factory price of 6,500 yuan / ton (including freight) , The 25,000-ton/year plant continues to shut down.

(Our reporter Lan Xin)

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