Daily review of epichlorohydrin: high-end increase

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 13, 2009: The domestic epichlorohydrin market has been adjusted upwards and formed a narrow range on the trading day (March 12) ) The mainstream transaction price in East China in the mainstream market began to form a range of 9,000-9300 yuan/ton, and the high-end price was raised by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was mainly consolidating on the day and transactions were average.
Manufacturers continued to control the operating load, the output was limited, market resources were slightly tight, and the high-end market moved upward.
, Due to increased pressure on manufacturing costs or reserved space for the market outlook, some of the manufacturers' quotations reached 10,500 yuan/ton, and most of them were strong at 9,500 yuan/ton.
However, the negotiated prices are fluctuating and high-end transactions are more difficult.
The price of propylene, the upstream raw material, continues to rise, and the Shandong area has risen again by 75 yuan/ton to 6,450-6600 yuan/ton.
Local local refineries have started generally, and Kenli, Fuhai, Zhonghai, Jincheng, and Changyi have all begun maintenance; liquid chlorine prices The prices in Shandong have continued to fall, and the mainstream ex-factory products are 1200-1300 yuan/ton, and some have a record of 800 yuan/ton.
The price of epichlorohydrin has risen within a narrow range, and the accumulated amount has been considerable.
The downstream epoxy resin market is weakly rising, mainly due to poor end-user demand, strong wait-and-see atmosphere in the market, slower delivery of goods, and weak demand support for epichlorohydrin.
Domestic manufacturers’ quotations are temporarily stable, the mainstream difference is 1,000 yuan/ton, and the wide range is still obvious.
The installation start-up has been adjusted, and there are more follow-up restart plans.
The current overall operating load is still low, and it is expected that the start of the market will increase.
The foreign disk has a small advantage, and the industry has many worries about it.

    On the last trading day (March 12), the domestic epichlorohydrin market went up at a high level, and negotiations were light.
The factory load was still limited.
The transaction was hovering at 9,000 yuan/ton platform.
The downstream manufacturers did not change much and the demand was not smooth.
The buyer's overall raw material demand Cargo is cautious, prices are consolidating at a high level, and market transactions are limited.
A new round of upward trend has been completed.
Looking at the broader market, OPEC’s decision to strictly reduce production, but demand is expected to continue to decline, and international crude oil prices will continue to decline, making it difficult for a while.
From the perspective of the trend of the industry chain, the raw material market propylene rises slightly, the price of liquid chlorine continues to move in both directions, while downstream demand continues Not smooth, end users still wait and see the trend.
At present, the market continues to be high and merchants offer firm quotations.
There is no lack of negotiating possibilities for a slight upward move.
The overall supply of goods is still tight, but the downstream receiving capacity is limited, cautiously wait and see, and negotiations are common.
There are many "idle" capacity restart plans, and industry insiders are slightly worried about the market outlook.
.
According to market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 9,500 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 9,000-9300 yuan/ton.
The high-end price is raised by 300 yuan/ton; the mainstream quotation in Huangshan area is 9500 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 9000-9300 yuan/ton, and the high-end price is raised by 300 yuan/ton; the mainstream quotation in North China is 9500 yuan/ton, The low-end price is raised by 500 yuan/ton, the mainstream transaction price is 9000-9300 yuan/ton, the high-end price is raised 300 yuan/ton; the mainstream quotation in South China is raised by 10000 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 9500-9800 yuan/ Tons and high-end are raised by RMB 300/ton.

    The outer disk of epichlorohydrin rose further.
According to market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the current negotiation price for tank loading is between US$1,000 and 1,050/ton (CFR China's main port), and the reference negotiation price for barrel loading is at 1050-1100 USD/ton (CFR China's main port), an overall increase of 50 USD/ton from the previous year, mainly due to the continuous increase in the domestic spot market.
In Northeast Asia, a shipment of 500 tons of cargo was traded at USD 1,000/ton (CFR China's main port) in March; another 200-300 tons of cargo was traded at USD 1,050/ton (CFR China's main port), which needs further confirmation.
In early March, 500-800 tons of imported goods in East China may be sold by Renminbi, and the cost is relatively low.
Driven by the rising spot market, the Asian epichlorohydrin external disk market has risen, including about 4% of the anti-dumping duty goods quoted at US$1100-1150/ton (CFR China main port); tanks containing less than 5% anti-dumping duty The selling intention is 1050-1200 USD/ton (CFR China's main port), and the buying intention is around USD 1,000/ton (CFR China's main port); the ocean-going Russia includes about 5.
4% anti-dumping duties, and immediate delivery of goods is transacted.
, At about 950 US dollars / ton (CFR China's main port).
Bulk water cargo offers in the regional market are around US$1,100/ton (CFR China's main port).
In recent months, the international market for raw material propylene has not fluctuated much.
Compared with the high domestic prices, the external price is still quite advantageous for the imported material processing enterprises.
Terminals and importers have paid more attention and inquiries have increased.
This is evidenced by the successive arrival of imported sources at the beginning of the month.
, The side reflects that relative to the international market, the domestic market has reached a certain height.

(Our reporter Wu Xi)

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