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    Home > Coatings News > Resin News > Daily review of epichlorohydrin: cautiously wait and see

    Daily review of epichlorohydrin: cautiously wait and see

    • Last Update: 2021-04-25
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] News on April 15, 2009: The domestic epichlorohydrin market is reorganized at a high level, and the risk of cautious wait-and-see increases sharply on the trading day (April) 14th) The mainstream transaction price in the East China region of the mainstream market temporarily stayed at 13,000 yuan/ton high ton.
    According to analysis by market experts from China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market price of the day was strong at 13,500 yuan/ton, and the negotiated price was temporarily at 13,000 yuan/ton.
    Small orders were mainly sold and the supply of goods was still tight.
    The price of raw material propylene continues to fall, and the downstream epoxy resin is cautiously obtained and the wait-and-see atmosphere is relatively strong.
    Therefore, the overall trend is counter to the decline of raw materials-propylene continues to decline, and epichlorohydrin rises against the trend.
    The spot price of propylene in Shandong is 7,600 yuan/ton, down by 1,400 yuan/ton from the high end in March.
    The main downstream polypropylene continues to fall.
    The production increase and import supplementation increase supply.
    The market outlook is still difficult to be optimistic.
    Under the condition that the price of liquid chlorine is relatively stable, this wave The 500 yuan/ton is cautiously adjusted.
    It can be seen that the last three months of rushing higher, and ultimately still depends on the manufacturer’s market strategy.
    At present, the quotations of manufacturers are gradually increasing, mostly at 13,500 yuan/ton, and the market has a strong wait-and-see sentiment.
    Zhonghai Jinghua's 40,000 tons/year plant plans to produce in the middle of the year, and the second set of Tianjin Chemical will also resume production.
    In addition, it will be imported in the second half of the year.
    Renaissance of resources one after another will ease the current supply to a certain extent.
    In view of the tight market resources and the gradual increase in the center of gravity of small orders, the factory's operating load is currently maintained and still mainly supplied to contract users.
    Propylene continues to fall and rises against the trend, causing downstream epoxy resins to wait and see more and more to obtain goods.


        On the last trading day (April 14), the domestic epichlorohydrin market was adjusted to a high level, spot resources were tight, mostly small orders were traded, manufacturers continued to control the starting load, and the output was limited-although Tianjin Chemical's 33,000 tons/year installation is expected in the middle of the day Restart, the newly-built plant of Zhonghai Jinghua is about to be produced, and the Qilu Petrochemical plant is expected to restart in mid-May.


    The price of propylene in the raw material market has continued to fall.





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