Daily review of epichlorohydrin: continue to adjust

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 12, 2009: The domestic epichlorohydrin market continues to adjust the market, the mainstream market on the trading day (February 11) The mainstream transaction price in East China has basically formed a range of 7,500-7,700 yuan/ton, and the high-end price has been raised by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market rose slightly on that day and the wait-and-see attitude was strong.
The market still rose slightly, but the trading was still light, the wait-and-see atmosphere was thick, and the prospects were still unclear.
Major manufacturers continue to start at a low level and continue to offer 8,000 yuan/ton.
The actual center of gravity has shifted.
High-end is mostly small orders; some of the manufacturers follow to adjust their quotations, of which Baling Petrochemical is 8500 yuan/ton, Qilu Petrochemical 7,100 yuan/ton, both increased by 500 yuan/ton.
Xinyue Chemical continued to shut down for maintenance.
There is still little news about the resumption of production from stopped factories, and the new manufacturers are also waiting to see; the downstream epoxy resin is recovering slowly, manufacturers are limited in operation, and shipments are improving.
Limited, there are still manufacturers digesting the previous inventory, the market’s wait-and-see atmosphere maintains a strong flavor, raw materials have entered a relatively high level, and downstream support is required-however, they are cautious in obtaining raw materials and are expected to continue to consolidate within a narrow range; the upstream propylene market is consolidating at a high level, Shandong and Northwest Regional quotations are stable.
Prices in North China and Northeast China have risen by about 500-600 yuan/ton.
Refinery operations in Shandong have been relatively low-the recent rise has been rapid and it will take time to digest.
East China has remained stable at 7000-7200 yuan/ton.
The situation is still tight.

On the trading day (February 11), the domestic epichlorohydrin market consolidated upwards, and the high-end market rose.
The market inquiries improved, the offer was mainly 8,000 yuan/ton, and the negotiation was on the upper side of 7,500 yuan/ton, and small orders could be traded.
At slightly higher, given that resources continue to be tight and market participants are more bullish about the market outlook; although the market is up, it is slightly calm, because its trend is as early as expected, but the market’s wait-and-see atmosphere is still strong-although resources are limited and low-priced goods are hard to find .
At present, it is still operating at a high level.
Xinyue Chemical has stopped for maintenance for a week, which has further tightened resources.
On the other hand, the raw material propylene has risen.
Due to the pressure of production cost and the shortage of resources, the market is pushing up and buyers are mainly waiting and watching.
The current downstream demand recovery is still slow , The market continues to consolidate at a high level, but the volatility is limited.
From the analysis of the upstream comprehensive situation, the international crude oil closed down by 0.
61 US dollars/ton to 39.
56 US dollars/ton on Monday, and it was still hovering at this level on Tuesday.
From this background situation, the market outlook for epichlorohydrin has risen sharply, and the possibility is not Doesn't exist-at least not very big.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 8000 yuan/ton, the mainstream transaction price is 7500-7700 yuan/ton, and the high-end price is increased by 200 yuan/ton; Huangshan The mainstream quotation in the region is 8,000 yuan/ton, the mainstream transaction price is 7500-7800 yuan/ton, the high-end price is increased by 200 yuan/ton; the mainstream quotation in North China is 8,000 yuan/ton, the mainstream transaction price is 7500-7800 yuan/ton, and the high-end price is increased by 200 yuan/ton ; The mainstream quotation in South China is 8500 yuan/ton, the mainstream transaction price is 8000-8200 yuan/ton, and the high-end price is raised by 200 yuan/ton.

    Manufacturers’ ex-factory quotations were partly adjusted, and the high-end price reached 8500 yuan/ton.
The start-up load of the device was still under control, and the overall start-up was slightly reduced.
The parking manufacturer was planning to resume production.
The specific time has not yet been determined.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 8,000 yuan/ton (including freight), one set of 80,000 tons/year is operating normally, and the other two The 8+80,000 ton/year plant shut down; Tianjin Chemical closed the disk, the pre-factory quoted price was 6,500 yuan/ton (including freight), the 28,000 ton/year plant shut down on November 21, and the 33 thousand ton/year plant shut down on September 15.
The February restart plan remains to be seen; Xinyue Chemical’s ex-factory price is 8,000 yuan/ton (including freight), and the 3+30,000 tons/year unit will be shut down for maintenance on Sunday (February 8); Yangnong Chemical’s ex-factory price is 8,000 yuan/ton ( Including freight), 3+30,000 tons/year of low-load operation of the device, 100,000 tons/year of epoxy resin equipment-has been completed, is in trial operation-accumulation of raw materials; Qilu Petrochemical factory quoted 7,100 yuan / ton (including freight) , Increase 500 yuan / ton, 32,000 tons / year equipment operation load is not high, scheduled for maintenance in April; Baling Petrochemical ex-factory price of 8,500 yuan / ton (including freight), low-end increase of 1,000 yuan / ton / high-end increase of 500 yuan /Ton, 32,000 tons/year equipment is operating normally, mainly for self-use, and insufficient for export; Anbang Electrochemical’s ex-factory price is 6,500 yuan/ton (including freight), and the 20,000 tons/year equipment shutdown and repair and restart time are undetermined; Sandie Chemical lacks The quotation is that the 25,000-ton/year plant will be temporarily shut down and the product will be supplied to affiliated companies; the 40,000-ton/year plant of China Shipping Fine Chemicals was completed at the end of last year.
The start-up plan has been delayed repeatedly and is currently scheduled for March.

(Our reporter Lan Xin)

Do you want to browse the unsaturated resin market information? Click to enter www.
upr -e.
cn

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E-www.
epoxy .