Daily review of epichlorohydrin: a slight softening

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] June 2, 2009: The domestic epichlorohydrin market softened slightly, and the weakness became more obvious.
On the trading day (June 1) Japan) The mainstream transaction price in East China in the mainstream market began to form a range of 8,800 to 9,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s weakness is difficult to change on that day, downstream demand is sluggish, market operations are flexible, and the raw material propylene and liquid chlorine markets are weak and down, and downstream terminal demand is shrinking and lacking.
Favorable support; domestic epichlorohydrin merchants mainly stabilize prices and have a slightly pessimistic attitude.
The market continues to weaken.
The market continues to weaken.
The market is mainly operating and the wait-and-see atmosphere is strong.
The main manufacturers mainly stabilize prices and raise prices slightly lower.
The weak operation of the raw material propylene market is that the negotiated price in Shandong area is 6300-6400 yuan/ton, the market wait-and-see atmosphere is strong, and the refinery mentality is better-it seems that the market outlook is still optimistic; the liquid chlorine market continues to decline slightly, and the negotiated price in Shandong area is 1,000 Yuan/ton, the downstream demand sluggish factors are still affecting the top.
Qilu Petrochemical’s 32,000-ton/year plant and China Shipping Fine Chemicals’ 40,000-ton/year plant will restart later; the current terminal demand remains sluggish, and it is difficult to get a fundamental improvement in the short term.
The market mentality is relatively pessimistic, raw material purchase enthusiasm is not high, and the wait-and-see atmosphere Stronger, lack of confidence in the market outlook; in short, the raw material propylene has weakened oscillations, liquid chlorine has fallen sharply, cost support is weak, overall demand is sluggish, domestic new and old installations are put into production, ports are constantly low-priced resources, the market is gradually abundant, and the short-term weakness is difficult to change.
Continue to focus on the weak and continue to organize.

On the last trading day (June 1), the domestic epichlorohydrin market was trading weakly, the negotiation level was about 9,000 yuan/ton, downstream demand was sluggish, raw material procurement was limited, and the overall market trend was still waiting to see the market trend, trading was low, and market participants were enthusiastic about entering the market Not high.
At present, terminal demand is sluggish, short-term improvement is not easy, market negative factors are at the top, lack of favorable support, market fluctuations are the main operation, and the number of transactions is limited.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name