Daily review of epichlorohydrin: continue to drop slightly

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] October 23, 2009: The domestic epichlorohydrin market continued to drop slightly, reaching 10,000 yuan.
On the last trading day (October 22), the mainstream transaction price in East China in the mainstream market has reached a range of 10,000 to 10,100 yuan/ton platform, and a 100 yuan/ton downward adjustment.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to be weak and fell slightly on that day.
Actual discussions have been on the 10,000 yuan platform, and some have been heard.
Downstream manufacturers still pay more on demand.
The overall market transactions are average, and the market trading atmosphere is thin throughout the day, and the weaknesses are slightly down.
The follow-up major manufacturers' dynamics still need to be followed up, mainly focusing on inventory changes, sales strategies, and pricing mechanisms and mutual coordination.
There is still no shortage of weaknesses.
Possibly, the current market supply is still relatively abundant, and merchants and downstream companies lack confidence in the market outlook and are cautious in entering the market.
The raw material propylene market is trending smoothly.
The negotiated price in Shandong area is 8600-8650 yuan/ton.
There are more parking facilities in the downstream equipment and the demand is reduced.
The market supply is beginning to increase.
Another raw material liquid chlorine market is consolidating within a narrow range, and the negotiated price in Shandong area is 1000～ 1200 yuan / ton, merchants responded that the market was smooth.
The downstream epoxy resin declined weakly and declined slightly.
The overall operating load was around 60% to 70%, and many of them lacked confidence in the market outlook.
In short, the epichlorohydrin market is weakening, and the market outlook needs to pay special attention to the dynamics of manufacturers, especially Bohui Chemical, Qilu Petrochemical, and Tianjin Chemical.
It is expected that the market will continue to be weak and there will be limited downward space.On the last trading day (October 22), the domestic epichlorohydrin market continued to fall, and the weak operating atmosphere remained unchanged.

(Our reporter Liang Xi)

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