Daily review of epichlorohydrin: high-end open

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 24, 2009: The domestic epichlorohydrin market has opened up and continues to rise.
On the trading day (November 23), the mainstream transaction price in the mainstream market in East China began to enter the 11300-11500 yuan/ton platform, and the high-end price increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trading atmosphere on the day was general, and the negotiation interval moved upwards.
Downstream manufacturers still mainly digest inventory and pay close attention to the trend of raw materials and manufacturers’ trends.
Over the past month, market negotiations have continued to rise, overall trading has been weak, downstream follow-up is slow, and raw material support is still the biggest benefit; raw material costs are supported, and domestic manufacturers have completed a new round of rising trend.
The market focus has followed the trend.
Although there is not much negotiation, terminal demand Poor influence and strong market resistance, but with the gradual digestion of raw materials, downstream purchases are planned to be appropriate.
The current market situation is rising, trading is still relatively thin, the market supply is not very abundant, the merchants are holding their orders, and the intention of low-cost shipments is vain.
The push is being digested, and the adjustment is slow.
The downstream factories are slightly accepting high prices and appropriate quantities according to demand.
Procurement and cautious operation, the overall transaction scale has been enlarged one after another, the short-term domestic market is mainly consolidating, and there is still room for cost support to climb.
In short, crude oil continues to fluctuate, domestic propylene prices have risen, liquid chlorine has been adjusted at a high level, raw material support has increased, and the scale of supply is acceptable.
The downstream is slowly accepting high levels, some are still bullish, sellers are reluctant to sell, and overall transactions are scarce.

    On the last trading day (November 23), the domestic epichlorohydrin market rose slightly.

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