Daily review of epichlorohydrin: high level continues

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 22, 2010: The domestic epichlorohydrin market is operating at a high level and continues to be positive.
On the last trading day (April 21), the mainstream transaction prices in East China in the mainstream market began to form 15500-16000 yuan/ton, and the low-end increased by 100 yuan/ton/ the high-end increased by 500 yuan/ton.
According to the analysis of market experts from the China Epoxy-e.
cn Association, the market continued to operate at a high level and remained strong on that day.
Except for Qilushi, Tianhua Chemical, and major manufacturers, most of them continued to close their shares without reporting.
Market focus continues to rise, and subsequent upward adjustments are expected to increase.
Intermediate merchants are reluctant to sell at low prices.
Recently, high prices and high volumes have reduced.
Manufacturers mainly implement pre-contract orders in the short term, and expect the market to become clear.
At present, low-end prices are difficult to find, and short-term overall resources are slightly insufficient.
, Intermediary merchants and manufacturers control shipments-sellers reluctant to sell is also one of the reasons.
International crude oil fluctuates upwards, and propylene internal and external disks are reorganizing at a high level.
The mainstream spot price in Shandong is 10500-10600 yuan/ton; the trend of another raw material liquid chlorine is slightly different, with high fluctuations in Shandong and manufacturers' quotations ranging from 2200 to 2500 yuan/ton— —Mostly supported by the downstream demand for bromine and chlorinated paraffin, the market in East China is not good, and some manufacturers have lowered their quotations.
Although the downstream two major raw materials continued to rise and the growth rate was relatively slow, epoxy resin continued to run at a high level.
Some manufacturers raised prices twice within a week to cope with the volatile raw material rise.
The epichlorohydrin has recently undergone strong shocks and its weekly gains have accelerated, affected by the overall supply and demand, and the overall mentality is relatively optimistic and cautious.
It is expected that the short-term high-level consolidation market will continue.

    On the last trading day (April 21), the domestic epichlorohydrin market is expected to renew the price and continue to heat up.
Although the manufacturer has no clear measures for the time being, the spot has been steadily advancing recently, the supply of intermediate links is general, and the raw material liquid chlorine and propylene fluctuate and rise.
The market's bullish expectations are heating up, and mainstream discussions have risen.
Some merchants have temporarily closed their sales and waited for follow-up policy guidance from manufacturers.
The spot center of gravity is temporarily stable, and some quotations are slightly higher.
Influenced by the Goldman Sachs incident, international crude oil opened low; the raw material propylene continued to fluctuate at a high level, and the negotiation intention for shipments in late May/June was US$1,315/ton; the price of liquid chlorine in Shandong rose further.
Driven by the rise of the two major raw materials, the downstream epoxy resin market has continued to rise, but the pressure is obvious.
In short, the market volatility is heating up, and manufacturers' quotations have not moved temporarily.
Good expectations are pushing prices first.
Continue to pay attention to manufacturers' policy guidelines.
It is expected that the upward trend of spot shocks will continue.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 16,000 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 15500-16,000 yuan/ton.
The low-end price is raised by 100 yuan/ton/the high-end is raised by 500 yuan/ton; the mainstream quotation in Huangshan area is raised by 16000 yuan/ton, the low-end is raised by 500 yuan/ton, the mainstream transaction price is raised by 15800-16000 yuan/ton, and the price is raised by 400 yuan/ton; North China The mainstream price is 16,000 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 15500-15700 yuan/ton, the price is raised by 200 yuan/ton; the mainstream quotation in South China is 16500 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price The price is 16000-16500 yuan/ton, the low-end is raised by 100 yuan/ton, the high-end is raised by 500 yuan/ton.

    Domestic epichlorohydrin manufacturers partly closed their orders and partly adjusted them upwards, while downstream procurement was mainly on-demand, and shipments remained flat.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), including: Bohui Chemical’s sealing, the pre-ex-factory price of 15,500 yuan/ton (including freight), 8+8+80,000 tons/year installation Operation maintenance and start-up are widely concerned, contract supply is the main focus, and shipments are normal; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), 2.
8+33,000 tons/year, the plant is operating normally, sales are general, and the contract is mainly; Xinyue Chemical closing, the pre-factory price of 15,500 yuan/ton (including freight), 40,000 tons/year, stable operation, half load, contract-based, low inventory; Qilu Petrochemical’s ex-factory price of 15,500 yuan/ton (including freight), 3.
2 The equipment load of 10,000 tons/year is 50%, the contract is mainly, the delivery is normal, and the inventory is limited; Yangnong Chemical closed the disk, the early ex-factory price was 15,000 yuan/ton (including freight), and the 3+30,000 tons/year device was operating normally and the load Seventy percent, mostly for self-use and not large export sales; CNOOC Limited’s ex-factory quotation is 14,000 yuan/ton (including freight), and the 40,000-ton/year plant starts smoothly at full load and 70% of the load.
The pre-contract and core users are Main; Huaxiang’s chlor-alkali seal, ex-factory price of 15,000 yuan/ton (including freight), 35,000 tons/year, normal operation of the plant, steady start-up, average sales, and on-the-go goods; Baling Petrochemical’s ex-factory price of 15,500 yuan/ton (including freight) ), the 32,000 tons/year device is operating normally, the load is high, it is mainly for self-use, and a small amount of external supply; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight), and the 25,000 tons/year device is shut down for maintenance again , The restart time is unknown.

(Our reporter Ye Hui)

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