Daily review of epichlorohydrin: continue to rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 30, 2010: The domestic epichlorohydrin market continues to rise and run at a high level.
On the last trading day (April 29), the mainstream transaction price in East China in the mainstream market has entered the range of 16,500-16,800 yuan/ton, and the high-end price has been raised by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market remained strong at a high level and continued to rise on the day.
The market has been rising frequently, and downstream buyers have increased cautiously at high levels.
The focus is on exploring and heavy volume; the focus of internal and external market discussions has been increasing step by step, which has reached a record high since late December 2007.
Recently, the raw material market has fallen by one and turned sideways.
Sorting out, buyers are cautious when entering the market at a high level, and the wait-and-see atmosphere has increased.
Now the overall resource is not much, and the short-term high market continues.
In view of the fact that manufacturers controlled sales, tight spot prices, and even showed signs of unlimited empty prices, most of the sellers did not report, which intensified the market speculation, and the market still lacked a clear direction to find.
External disks rose strongly.
The CFR China reference negotiated price was US$2,000 to 2050/ton, an increase of US$100/ton, mainly due to the tight supply in the regional market and the continuous strengthening of China's spot market.
Downstream epoxy resins fluctuate at a higher level, driven by costs, and most manufacturers continue to make up for the increase, and the market has reached a two-year high.
However, high-end prices are generally traded, and mid-to-low-end negotiations are the main focus.
Epichlorohydrin has recently risen strongly, and sellers are reluctant to sell their closed orders, which intensifies market expectations.
The risk of market outlook increases with high risks.
The downstream actively enters the market and uses them as they use them.

On the last trading day (April 29), the domestic epichlorohydrin market continued to push up and wait-and-see atmosphere.
Major sellers offered few quotations and waited for further news from manufacturers.
The market rose slightly, short-term market conditions were difficult to be clear, and some manufacturers directly supplied users.
The price is slightly lower; wait-and-see background, low market prices are hard to find, downstream epoxy resins make up the rise, some are vigilant against high risks\procure raw materials on demand, pay close attention to the trends of epichlorohydrin manufacturers, and wait and see the market outlook.
International crude oil fluctuates frequently and the commodity market continues to fluctuate and adjust.
The supply and demand of epichlorohydrin are restricted and strong.
Manufacturers may not report or execute contracts.
It is difficult to understand the market direction and the center of gravity is constantly rising.
The quotation is still "difficult to produce" , Market attention has strengthened, the spot market is still strong, lack of clear guidance, merchants take the initiative to offer limited offers, reluctant to sell and wait and see, the overall inventory of manufacturers is not large, the rhythm of controlled sales continues, downstream epoxy resin enters a new round of rising.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 16500-17000 yuan/ton, the mainstream transaction price is 16500-16800 yuan/ton, and the high-end price is increased by 300 yuan/ton.
; The mainstream quotation in Huangshan area is 16500～17000 yuan/ton, the mainstream transaction price is 16600～16900 yuan/ton, an increase of 100 yuan/ton; the mainstream quotation in North China is 16500～17000 yuan/ton, the mainstream transaction price is 16400～16500 yuan/ton, low The end price is raised by 200 yuan/ton/high-end is raised by 100 yuan/ton; the mainstream quotation in South China is 17000-17500 yuan/ton, the mainstream transaction price is 17000-17300 yuan/ton, and the high-end price is raised by 300 yuan/ton.

    The domestic epichlorohydrin manufacturers' quotations are unknown, and they aim to step up and boost the market.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), including: Bohui Chemical’s sealing, the pre-ex-factory price of 15,500 yuan/ton (including freight), 8+8+80,000 tons/year installation Operation maintenance and start-up are widely concerned, contract supply is the main focus, and shipments are normal; Tianjin Chemical’s ex-factory price is 16,000 yuan/ton (including freight), 2.
8+33,000 tons/year, the plant is operating normally, sales are general, and contract-based; Xinyue Chemical closing, the pre-ex-factory price of 15500 yuan/ton (including freight), 40,000 tons/year, stable operation, half load, contract-based, low inventory; Qilu Petrochemical’s ex-factory price of 16000 yuan/ton (including freight), 3.
2 The equipment load of 10,000 tons/year is 50%, the contract is mainly, the delivery is normal, and the inventory is limited; Yangnong Chemical closed the disk, the early ex-factory price was 15,000 yuan/ton (including freight), and the 3+30,000 tons/year device was operating normally and the load Seventy percent, mostly for self-use and not large export sales; CNOOC Limited’s ex-factory quotation is 14,000 yuan/ton (including freight), and the 40,000-ton/year plant starts smoothly at full load and 70% of the load.
The pre-contract and core users are Main; Huaxiang’s chlor-alkali seal, ex-factory price of 15,000 yuan/ton (including freight), 35,000 tons/year, normal operation of the plant, steady start-up, average sales, and shipping; Baling Petrochemical’s ex-factory price of 16,000 yuan/ton (including freight) ), the 32,000 tons/year device is operating normally, the load is high, it is mainly for self-use, and a small amount of external supply; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight), and the 25,000 tons/year device is shut down for maintenance again , The restart time is unknown.

(Our reporter Xi Shu)

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