Daily review of epichlorohydrin: finishing first

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 1, 2009: The domestic epichlorohydrin market continues to consolidate and rises within a narrow range.
The last trading day (March 31) ) The mainstream transaction price in East China in the mainstream market began to reach RMB 10,500/ton, and the low-end price rose by RMB 500/ton/the high-end price rose by RMB 300/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was dominated by high-level consolidation on the day, and the wait-and-see atmosphere was strong.
The manufacturers started to maintain the load, the market offer was firm, and the market continued to consolidate at a high level; The price increase in the early period was large, and the main manufacturers mainly focused on price stabilization.
At present, Tianjin Chemical Industry and Zhonghai Jinghua are still the focus of the market.
The Tianjin chemical plant is operating smoothly and is expected to be officially sold in the near future.
The Zhonghai Jinghua plant is expected to be put into production.
In the middle of the product output, the major manufacturers in the early stage adjusted up relatively quickly, and the current stable market is the main focus.
The market sentiment is relatively good, and the market continues to rise.
Some merchants offer as high as 11,000 yuan/ton.
The supply of goods is tight and low prices are difficult to find.
There are mostly downstream wait-and-sees and not much discussion.
The risk of chasing high prices increases, and industry insiders are worried about development.
.
Crude oil futures gave up half a month’s gains on Monday, the stock market fell sharply and the US dollar slightly strengthened, indicating weak oil demand; downstream epoxy resin is currently under construction, but terminal demand has not really improved, raw materials continue to rise, and cost transfer is not easy.
Manufacturers face cost pressures and flexibly control the start of construction.
Although they have risen slightly, transactions have been limited.
At present, the market is improving and raw materials are rising, and there is still no lack of possibility of further rushing higher, but the expected range is limited, and manufacturers are concerned about the start of production in the later period.

    On the last trading day (March 31), the domestic epichlorohydrin market continued to be adjusted upwards.

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