Daily review of epichlorohydrin: basically unified

December 29, 2008: The domestic epichlorohydrin market is sorted out and basically unified.
The mainstream transaction price in the mainstream market in East China on the previous trading day (December 26) began to form a range of 6000-6300 yuan/ton.
The end is reduced by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to fluctuate within a narrow range on that day.
The mainstream negotiation was unified at 6,000 yuan/ton.
The downstream purchases on the market and slightly higher prices are more contradictory.
Intermediary merchants follow the market and balance sales.
The overall pace of trading and shipment is slow; due to the supply and demand relationship and production profit, manufacturers who stop the car have no plans to drive temporarily, and those who are in production also control the starting load.
The current market can be maintained in the short term.
The tepid situation will continue; the downstream epoxy resin market is consolidating within a narrow range.
As downstream demand continues to shrink and the raw material market is weakened, manufacturers continue to adjust their quotations and are still at a relatively high level.
Actual negotiations are also following up; upstream raw material propylene internal and external disks Stable, in the short term, it can still consolidate the epichlorohydrin market in terms of cost, and provide some support from the upstream.
The international crude oil futures market fluctuates at a low level.
It is currently in the Christmas-New Year's Day holiday period.
It has fluctuated at the level of US$35/barrel before.
It is at the end of the year and the rebound may not be large.
There is no lack of further shrinkage in the chemical market, and market confidence after epichlorohydrin is limited; The New Year is about to usher in, over-evolution is the main thing, and we will see the details next month.

    On the last trading day (December 26), the domestic epichlorohydrin continued to perform weakly, narrowly finishing, and the decline was obvious.
At present, the downstream operating load is not high, and small orders on demand are available on demand.
Wait and see prices further fall and become clear; manufacturers continue The start of construction is controlled, and the overall current is about 40%.
Many have begun to adjust the quotation and actually aim at 60.
The low-end quotation and lower transactions continue to appear due to the weak downstream demand.
The market outlook is generally difficult to be optimistic; the external market continues to be negligent.
At present, it fell another US$50/ton to US$800-950/ton (CFR China's main port), and the buying intention is low, only at US$700/ton (CFR China's main port).
Although some suppliers insist on quotations, they are still US$1,000/ton (CFR China's main port), but in view of the domestic spot downturn, it has no substantial significance; however, near the end of the month and the beginning of the year, the raw material propylene market is relatively stable, even if the downstream demand has diminished, the overall fluctuation space is small.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 6300-6500 yuan/ton, the mainstream transaction price is 6000-6300 yuan/ton, and the low-end price is reduced by 200 yuan/ Tons; the mainstream price in Huangshan area is 6300-6500 yuan/ton, the mainstream transaction price is 6000-6300 yuan/ton, and the low-end price is reduced by 200 yuan/ton; the mainstream quotation in North China is 6300-6500 yuan/ton, and the mainstream transaction price is 6000-6300 yuan/ Tons, the low-end price is lowered by 200 yuan/ton; the mainstream quotation in South China is 6800-7000 yuan/ton, the mainstream transaction price is 6500-6800 yuan/ton, and the low-end price is lowered by 200 yuan/ton.

    Domestic manufacturers’ prices have entered a new platform and can be stable for the time being.
The main quotations are 6000~6500 yuan/ton, and the transaction is mainly 6,000 yuan/ton.
The starting load is still under control, and the overall price is still around 40%.
The downstream market demand is weak and the market outlook It is generally difficult to be optimistic, and the volume control strategy will still be strictly implemented, but the market level can still be maintained.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 6,000 yuan/ton (including freight), 500 yuan/ton is lowered, and a set of 80,000 tons/year device The operation is normal, and the other two sets of 8+80,000 tons/year devices are shut down; Tianjin Chemical's ex-factory price is 6,500 yuan/ton (including freight), 28,000 tons/year device on November 21, 33,000 tons/year device on September 15 Parking, no clear driving plan; Xinyue Chemical's ex-factory price is 6,200 yuan/ton (including freight), and the operation load of 3+30,000 tons/year is average; Yangnong Chemical is closed, and the preliminary ex-factory price is 9,000 yuan/ton (including freight) , Mainly for self-use, few shipments, 3+30,000 tons/year device restart time is unknown; Qilu Petrochemical factory quoted 6,200 yuan/ton (including freight), 32,000 tons/year device operating load is average; Baling Petrochemical factory quoted 6,500 yuan/ton (including freight), 32,000 tons/year, the plant will stop on December 2, and the start-up time is undetermined, mainly for self-use, and insufficient export; Anbang Electrochemical’s ex-factory price is 6,500 yuan/ton (including freight), 20,000 tons/ The annual plant is operating at low load; Sandie Chemical lacks quotations, and the operating load of the 25,000-ton/year plant is relatively low, and the product is supplied to related companies; the 40,000-ton/year plant of Zhonghai Fine Chemicals has been completed, and the start-up is originally scheduled for October and may be small within the year.
.

(The reporter of this site is closed) 

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