Daily review of epichlorohydrin: a slight postponement

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 20, 2009: The domestic epichlorohydrin market has been sorted out and slightly postponed, on the trading day (January 19) The mainstream transaction price in East China in the mainstream market has temporarily formed a range of 6500-6600 yuan/ton, and the high-end price has been raised by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), market transactions on that day were still sluggish, although there was still a low-end of 6,600 yuan/ton, but the very small amount was not mainstream.
Spot resources The situation is still tight, the procurement pattern is relatively tight, downstream stocking has basically ended, many start to park for holidays, manufacturers continue to control the start of construction, and some are preparing to increase the load; the trading atmosphere has continued to diminish this week, in fact, the number of exits from the market last weekend increased, mainly Production is still under control, and some major supply contract users, but in the face of a slight increase in the market and cautious downstream purchases, with the arrival of the new year and downstream parking holidays, the market wait-and-see atmosphere is strong; although individual manufacturers continue to push up——Bohui Chemicals, Xinyue Chemicals, the ex-factory price is as high as 7,500 yuan/ton (including freight)-but the basic demand is difficult to vibrate, and the market is expected to operate stably.
Another factor in stabilizing expectations is that as the market price moves upward, some manufacturers are preparing to increase their start-ups—for example, Bohui Chemical will start 1 stop 2, plan to start 2 stop 1, that is, the start load will increase to 120,000 to 160,000.
Tons/year; Xinyue Chemical's 3+30,000 tons/year plant starts 50%, and plans to achieve more than 80% of the load-if it becomes available, the price will still go down.
Manufacturers' weak operating load and demand will continue to carry out the long-short "game".
The output and marketing strategies of the former are worthy of attention.

On the last trading day (January 19), the domestic epichlorohydrin market was mainly stable and slightly warm.

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