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    Home > Coatings News > Resin News > Daily review of epichlorohydrin: continue to increase

    Daily review of epichlorohydrin: continue to increase

    • Last Update: 2021-04-26
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] News on January 14, 2009: The domestic epichlorohydrin market continues to rise and continues to pull high-end, on the trading day (January 13 Japan) The mainstream transaction price in East China in the mainstream market further rose to 6,100-6500 yuan/ton formation, and the low-end price increased by 100 yuan/ton/ the high-end price rose by 300 yuan/ton.
    According to the analysis of market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the market still rose slightly on that day, with the quotation being as high as RMB 6,800/ton, and the negotiation has reached RMB 6,500/ton, which is not the same day as before.
    However, it is difficult to find language and low-end sources as a whole.
    There are still many large-scale contract prices, and the market wait-and-see atmosphere has not weakened.
    Some manufacturers continue to raise their quotations, and the market rises slightly; entrusted costs-raw material propylene rises, and the epichlorohydrin market pulls slightly Although low-price resources are limited and buyers are fully promoting the increase, the wait-and-see atmosphere is difficult to dissipate-the transaction scale is difficult to expand, manufacturers continue to control the starting load, and the demand market is cautious in obtaining goods; downstream demand is facing pressure from the Spring Festival approaching, and demand is expected to continue to shrink.
    At present, there is a small wave of demand for goods.
    It is only due to some successive parking actions and relatively tight market sources.
    The industry is still cautious and wait-and-see, and there is some resistance to rising raw materials.
    The international crude oil market continues to fluctuate and is still around US$40/barrel.
    Stock Exchange crude oil inventories increased to the highest level in history.
    New York crude oil futures continued to fall for a week, even plummeted 8% on Monday, to close at 37.
    59 US dollars per barrel.
    The raw material propylene continued to rise in the previous period and has been weak recently.
    The market environment is not optimistic, and the tightness and overall supply Due to chain production restrictions, it is still difficult to break through the narrow consolidation situation.


        On the trading day (January 13), the domestic epichlorohydrin became warmer and flat.


    Following the warming trend of last week, the raw materials rose in the early stage and the manufacturers were eager to become the main reason for the rising market.



     

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