Daily Review of Epichlorohydrin: Continue to Decline

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 16, 2010: The domestic epichlorohydrin market continues to decline, with low prices.
On the last trading day (March 15), the mainstream transaction price in the mainstream market in East China further fell to the range of 13,600-14,000 yuan/ton, and the low-end was reduced by 400 yuan/ton and the high-end by 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was still on the sidelines that day.
Manufacturers and intermediary merchants mostly reflected the weak market sentiment, heavy resistance to shipments, and the decline in actual negotiation levels.
Most of the high-end products are quotations, focusing on follow-up manufacturer news, the current policy is currently unclear, there are not many market reports, and spot trading is very sluggish.
Last week, the domestic market fell sharply, with a drop of more than 1500 yuan/ton in just one week.
The production profit plummeted, coupled with the rise of liquid chlorine, and cost support factors are expected to emerge; due to the further widening of the price difference between the factory and the market, there is no lack of certain adjustment possibilities for manufacturers and enterprises.
Pay attention to production, sales and price trends.
It is expected that the volatility will be narrowed and the market will gradually become clear during the week.
The domestic epichlorohydrin has been declining, and the international market has been affected significantly.
There are few inquiries, and it is imperative to adjust the external market to follow the decline.
There is more room for correction and the situation of both internal and external markets will repeat itself.
At present, the contradiction between supply and demand in the market tends to intensify.
Each factory "ships first" and the competition is fierce.
As prices further fall, cost line support may be reflected-it will become a factor in the future for a period of time, but there are still nearly 1,000 profits.
No plan to reduce production and load has been heard yet.

On the last trading day (March 15), the domestic epichlorohydrin market continued to fall, and the market is unclear.
The terminal part is available below 14,000 yuan/ton, and lower prices are also heard.
Due to negative purchases by buyers and more wait-and-see, manufacturers ship Obstructed and increased inventory.
The raw material propylene continues to fluctuate within a narrow range, and downstream polypropylene and other performances are sluggish, which has a certain impact on trading.
However, high oil prices and strong external support are expected to have limited short-term fluctuations; the liquid chlorine market remains strong, the mainstream quotation rises, and the cost of epichlorohydrin Improved.
The downstream epoxy resin market fluctuates within a narrow range.
The two major raw materials have fallen sharply or weakened.
The cost has fallen, but the pressure is obvious.
The actual price has shown a downward trend.
The manufacturers have digested high-priced inventory and shipped generally.
At present, the supply of epichlorohydrin is increasing, the downstream is surging, and the market is deteriorating.
Sellers are experiencing difficulties in shipments, and there are many hearings about lower prices.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 15,000-15,500 yuan/ton, the mainstream transaction price is 13,600-14,000 yuan/ton, and the low-end price is lowered by 400 yuan/ton.
Ton/high-end down 500 yuan/ton; Huangshan area mainstream quotation 15000-15500 yuan/ton, mainstream transaction price 13600-13800 yuan/ton, low-end down 400 yuan/ton/high-end down 700 yuan/ton; North China mainstream price 15,000 yuan/ton ~15,500 yuan/ton, mainstream transaction price is 13600~13800 yuan/ton, low-end price is lowered by 400 yuan/ton/high-end price is lowered by 500 yuan/ton; mainstream quotation in South China is 15500~16000 yuan/ton, mainstream transaction price is 14100~14500 yuan/ Tons, low-end cuts 400 yuan/ton, high-end cuts 500 yuan/ton.

    Many domestic epichlorohydrin manufacturers have closed down and individually adjusted down.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 15,500 yuan/ton (including freight), the first set of 80,000 tons/year equipment is operating normally, and the second The 80,000-ton/year installation has attracted wide attention, and the third 80,000-ton/year installation will continue to be shut down.
The contract is the main and the shipment is general; Tianjin Chemical’s ex-factory price is 14,000 yuan/ton (including freight), and the price is reduced by 1,500 yuan/ton.
The 28,000-ton/year device is operating normally, the 33,000-ton/year device has been resumed, sales are stable, and the contract is mainly; Xinyue Chemical’s ex-factory price is 15,500 yuan/ton (including freight), and the 3+30,000 tons/year device is operating stably , Half of the start-up, contract-based, high price conflict; Qilu Petrochemical factory quoted 15,000 yuan/ton (including freight), 32,000 tons/year equipment load 50%, contract-based, normal delivery, with walking volume; Yangnong Chemical leaves the factory The quotation is 15,500 yuan/ton (including freight), and the 3+30,000 tons/year equipment is operating normally, some of which are exported, mostly for self-use; the pre-ex-factory price of CNOOC is 9600 yuan/ton (including freight), 40,000 tons/ The annual plant is operating normally, the load is 60%, and the volume goes with the market; Huaxiang’s chlor-alkali disk is closed, the pre-factory price is 15500 yuan/ton (including freight), the 35,000 tons/year plant is operating normally, the load is 50%, the contract is the main and the follow-up City supply; Baling Petrochemical closed disk, pre-factory price of 17,000 yuan/ton (including freight), 32,000 tons/year device short-term shutdown, no quotation, mainly for self-use, on-the-go market; Anbang electrochemical closure, pre-factory price of 6,500 Yuan/ton (including freight), 20,000 tons/year, the device is operating at low load, and no quotation is currently available.

(Our reporter Liang Xi)

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.