Daily review of epichlorohydrin: a slight focus

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 2, 2009: The center of gravity of the domestic epichlorohydrin market has slightly increased, and the atmosphere is small and maintainable.
On the last trading day (September 1), the mainstream transaction price in East China in the mainstream market was in the range of RMB 10,600 to RMB 10,800/ton, and the low-end price was raised by RMB 100/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to be weak on the day, and merchants plan to raise their quotations, and the focus of negotiations has risen slightly.
The low-end market negotiations have slightly increased and decreased.
It is difficult to find the source of high-priced goods, merchants and downstream manufacturers mainly wait and see, and market transactions are poor.
The raw material propylene market is trending smoothly.
The negotiated price in Shandong is 8700-8750 yuan/ton.
The market mentality is general and high-end negotiation is limited.
There is no significant improvement in downstream demand, and the negotiation situation remains stable; the liquid chlorine market fluctuates within a narrow range and differs in mentality.
The negotiated price is 1,000 yuan/ton, and follow-up developments still need to be paid attention to.
At present, domestic raw materials are consolidating operation and downstream digestion of inventory is the main focus.
The market pays more attention to the main environmental chlorine manufacturers-especially Tianjin Chemical, Qilu Petrochemical, and Bohui Chemical.
The overall market continues to fluctuate within a narrow range.
At the same time, some manufacturers settled and suspended orders at the end of the month.
The low-price resources in the market are hard to find, and the wait-and-see atmosphere is relatively strong.
Other manufacturers' installations are stable and the prices of individual large orders are low.
Due to the slight weakness of raw material support, downstream manufacturers' transactions are more cautious, and trading merchants wait and see, and major domestic manufacturers are cautious in their operations and market transactions are weak.
The subsequent pattern needs to be further clarified.

    On the last trading day (September 1), the domestic epichlorohydrin market could still be slightly warmer and fluctuated within a narrow range.

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