Daily review of epichlorohydrin: high-end pull-up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 13, 2009: The domestic epichlorohydrin market is sorted out and high-end pulls up, on the trading day (January 12) ) The mainstream transaction price in East China in the mainstream market reached 6000-6200 yuan/ton, and the high-end price was raised by 200 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market inherited the trend of warming last week.
The raw material propylene rose and the manufacturers were eager to become the main reason for the upward recovery of the market.
", to promote the pull, the downstream buying is driven by the psychological drive, the purchasing interest in the wait-and-see is slightly increased, the negotiation pushes the platform above 6,000 yuan/ton; the external market continues to fall by US$50/ton, to US$800-900/ton (CFR China's main port), near-ocean barrels are offered at US$950-1000/ton (CFR China's main port), and ocean-going offers are below US$800 (CFR China's main port).
Near-ocean sources are still lacking competition and transactions are not active.
Domestic spot prices have picked up slightly, but they are still lower than imported prices; some manufacturers have raised the price three times in a row, including Xinyue Chemical-the price has been pulled to 6,800 yuan/ton, Bohui Chemical-the price has been pulled to 6,500 yuan/ton, Tianjin Chemicals, Yangnong Chemicals, Anbang Electrochemical-devices continue to shut down, other manufacturers either produce for their own use or sell less for export, and most of them still hold a wait-and-see attitude; As the end of the year is near, the demand is weaker, the main downstream manufacturers control the start of the operation, the raw material procurement is conservative, the momentum of consumption shrinking is increasing, the market confidence is insufficient, and the fluctuation space is limited.

On the trading day (January 12), the domestic epichlorohydrin continued to warm up, the market pulled up slightly, the wait-and-see atmosphere remained strong, the center of gravity continued to rise, the basic high-end was the main focus, the narrow consolidation was the main focus, and the steady recovery slightly appeared.
Affected by the upward adjustment of the raw material propylene, individual manufacturers continue to increase their quotations, but the supply and demand relationship still rebounds, and downstream demand tends to shrink, and production companies continue to control the start; epoxy resin consolidates within a narrow range, the solid part falls below 10,000 yuan, and the liquid consumption continues to weaken.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name