Daily review of epichlorohydrin: high and flat

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 25, 2011: The domestic epichlorohydrin market is flat, and continues at a high level.
On the last trading day (January 24), the mainstream transaction price in East China in the mainstream market continued to remain stable in the range of 15,700-16,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the spot market opened at a high level on the day, with few resources, strong quotations from merchants, limited factual discussions, and mostly scattered small orders; this week With the Spring Festival holiday approaching, downstream small and medium-sized manufacturers have entered the holidays one after another, and trading has decreased, but the overall supply is still not abundant, and manufacturers are actively raising prices and maintaining high levels.
The epichlorohydrin external disk continues to be high.
The European January contract price is 1790-1850 euros/ton, and the increase is 50-60 euros/ton.
The oil price fluctuates at a high level, and the raw material propylene rises strongly.
The market outlook is cautiously optimistic.
In January, the European propylene rose as high as 110 euros.
/Ton, cost support is obvious; in December, the European Momentive 100,000 tons/year epoxy resin plant, the upstream bisphenol A plant was shut down due to force majeure, affected, the market is concerned about the follow-up circulation, the buyer cautiously wait and see, the cost of epoxy resin in February is promoted, and the intention Push up.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 16,000 yuan/ton, mainstream transaction price is 15700～16,000 yuan/ton; mainstream quotation in Huangshan area is 16,000 yuan/ton, mainstream transaction price is 16,000 yuan/ton; mainstream quotation in North China is 15,500 ~16,000 yuan/ton, the mainstream transaction price is 15,500 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, and the mainstream transaction price is 16,200-16500 yuan/ton.

On the last trading day (January 24), the epichlorohydrin raw material market, facing the weak shock of international crude oil, is temporarily maintained as the mainstay, support is still there, and the cost and energy of epichlorohydrin remain stable.

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