Daily review of epichlorohydrin: a strong atmosphere

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 17, 2009: The focus of the domestic epichlorohydrin market has shifted upwards and the atmosphere is firm.
On the trading day (February 16) ) The mainstream transaction price in East China in the mainstream market has entered the 8,000 yuan/ton platform, and the low-end is raised by 400 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was still strong that day, domestic installations were limited in operation, some contracted supplies were maintained, and the overall spot supply resources were tight, and the market went further.
Ascending order, the higher level of small order transactions has also been heard, and the overall transaction situation still appears to be average; due to the continuous increase in the cost of propylene raw materials, domestic manufacturers continue to control the start of production, the output is limited, the market for epichlorohydrin continues to rise, and the start of downstream industries continues to improve.
However, manufacturers are more cautious in taking the goods.
The transactions are still general and the market is consolidating at a high level.
Although the market mentality is still acceptable, the propylene continues to rise and pull the downstream.
It takes time to digest and make necessary adjustments.
The downstream epoxy resin is resuming work.
The price of chloropropane is rising, the cost is increasing, and the manufacturers are considering price adjustments.
However, there are contradictions in supply and demand.
There are not only insufficient raw materials, but also demand that needs to be improved.
There is also a cautious mood, so take it whenever you use it.
In short, downstream manufacturers are starting to increase production, demand has improved, raw material prices are consolidating at a high level, epichlorohydrin is facing momentum and there is no shortage of difficulties, and narrow consolidation is still the main theme for the time being.

On the last trading day (February 16), the domestic epichlorohydrin market rebounded and fluctuated, and the offer was firm at 8000-8500 yuan/ton.
The focus of price negotiations continued to shift upwards.
Xinyue Chemical Plant drove ahead of schedule and raised its quotation with Yangnong Chemical.
Bohui Chemical is temporarily not quoting and suspending orders, and the factory continues to control its overall operation; the raw material propylene market remains high, and the price in Shandong continues to consolidate, at the level of 7000-7200 yuan/ton.
The local refinery continues to control the start and the output is limited, but The downstream acceptability is limited, the market remains stable, and the upward trend is weak, showing a slight downward pressure; entering the market last week, the market has been rising all the way, the transaction price rose to 7,600-7800 yuan/ton at the beginning of the week, and went straight to 8,000 yuan this week.
/Ton platform, due to the post-holiday propylene rising trend, due to cost pressure, manufacturers strictly control the start, resulting in limited spot resources and the gradual transformation of market sentiment.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 8,500 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 8,000 yuan/ton, and the low-end Increase by 400 yuan/ton; mainstream quotation in Huangshan area is 8,500 yuan/ton, low-end is increased by 500 yuan/ton, mainstream transaction price is 8,000 yuan/ton, and low-end is increased by 400 yuan/ton; mainstream quotation in North China is 8,500 yuan/ton, low-end Increased 500 yuan/ton, mainstream transaction price 8,000 yuan/ton, low-end price increase 400 yuan/ton; South China mainstream quotation 9,000 yuan/ton, low-end increase 500 yuan/ton, mainstream transaction price 8,500 yuan/ton, low-end increase 400 yuan/ton.

Manufacturers’ ex-factory quotations are still wide-ranging—high-end prices reach 8500 yuan/ton, and low-end prices exceed 7000 yuan/ton.
The start-up load of the installations is strictly controlled.
Some parking devices restarted ahead of schedule.
The parking manufacturers are planning to resume production.
The specific time has not yet been determined.
According to market experts from China Epoxy-e.
cn, Bohui Chemical’s ex-factory price is 8,500 yuan/ton (including freight), 500 yuan/ton will be raised, and new orders will be suspended within this month.
One set of 80,000 tons/year equipment is operating normally, and the other two sets of 80,000 tons/year equipment are shut down; Tianjin Chemicals is closed, the initial ex-factory price is 6,500 yuan/ton (including freight), and the 28,000 tons/year device is November 21 The daily and 33,000-ton/year installations will be shut down on September 15, and the February restart plan remains to be seen; Xinyue Chemical’s ex-factory price is 8,500 yuan/ton (including freight), and the 3+30,000-ton/year installation load will gradually recover; Yangnong Chemical The ex-factory price is 8,500 yuan/ton (including freight), and the low-load operation of the 3+30,000 tons/year device is to accumulate raw materials for the new 100,000-ton/year epoxy resin plant; Qilu Petrochemical’s ex-factory price is 7,100 yuan/ton (including freight), The operating load of the 32,000-ton/year device is not high, and maintenance is planned in April; Baling Petrochemical’s ex-factory price is 8,500 yuan/ton (including freight), and the 32,000-ton/year device is operating normally, mainly for self-use, and insufficient for export; Anbang Electrochemical The ex-factory quotation is 6,500 yuan/ton (including freight), and the shutdown and restart time of the 20,000-ton/year device is undetermined; Sandie Chemical lacks quotation, and the 25,000-ton/year device is temporarily shut down, and the product is supplied to related companies; Zhonghai Jinghua 40,000 The installation was completed at the end of last year, and the start-up plan has been postponed repeatedly, and is currently tentatively scheduled for March.

(Our reporter Xi Shi)

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