Daily review of epichlorohydrin: a slight increase

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] January 12, 2009: The domestic epichlorohydrin market rose slightly, the mainstream market on the trading day (January 9) The mainstream transaction price in East China reached the 6000 yuan/ton platform, and the low-end price was raised by 200 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market situation on the day was slightly raised, and the wait-and-see atmosphere was still strong.
The center of gravity continued to rise, mainly high-end, and narrow-range consolidation was the main focus.
The recovery is slightly present.
Due to the upward adjustment of raw material propylene, individual manufacturers continue to increase their quotations.
However, the supply-demand relationship is still rebounding, and downstream demand tends to shrink.
Production companies continue to control the start; the downstream epoxy resin is narrowed, and the solid resin part has fallen below 10,000.
The consumption of liquid resin and liquid resin continued to weaken, with a decrease of 700 real yuan/ton during the week.
The atmosphere of the Spring Festival became stronger and actual negotiations were difficult to start.
At the end of the year, end users began to take a year off, or controlled the start of construction or equipment parking-gradually entering the holiday ahead of schedule; Crude oil prices fluctuated strongly.
The early rebound exceeded US$50/barrel, and the weekend fell towards US$40/barrel.
It is not easy for the raw material of epichlorohydrin to continue to rise.
Although propylene showed a slight upward trend, the top fell sharply, and the subsequent upward momentum was weak; Approaching the "Spring Festival" of the lunar calendar, in the face of declining consumption and continuous setbacks in market confidence, individual manufacturers continue to push up, and most manufacturers remain stable, reflecting the judgment of the market outlook-demand continues to decline, market rises are limited, and short-term shocks Consolidation is the mainstay, and narrow consolidation is expected to continue.

    On the last trading day (January 9), the domestic epichlorohydrin continued to warm up, the mainstream negotiated prices continued to maintain, and the demand shrinking near the end of the year was intensified.

Do you want to browse the unsaturated resin market information? Click to enter www.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.