Daily review of epichlorohydrin: high-level operation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] January 26, 2010: The domestic epichlorohydrin market is operating at a high level and the center of gravity is pushing up.
On the last trading day (January 25), the mainstream transaction price in East China in the mainstream market could range from 15,500 to 15,800 yuan/ton, and the low-end price increased by 500 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s operating atmosphere on that day was acceptable.
Some manufacturers and merchants closed their orders and intensified the market’s rising expectations.
The mainstream offer was 16,000 yuan/ton, overall The transaction situation is average.
The market fluctuates at a high level, the external market is rising, the overall supply is tight, and there is no obvious improvement.
The prices of epichlorohydrin at various plants are uneven.
Compared with the market, there is a pricing difference, and there is no shortage of low-priced manufacturers to make up for the increase.
Production, marketing and follow-up.
The external market for raw material propylene declined slightly.
Last week, the international crude oil first rose and then fell.
It has fallen below US$76/barrel during the weekend.
The external market for propylene has continued to rise.
The spot market fell slightly due to the lack of downstream demand and the impact of some imported sources.
The regional negotiated price is 9800~9850 yuan/ton, down 100 yuan/ton; the chlorine market price is mainly arranged sideways, and the transaction price in Shandong is 1100~11200 yuan/ton.
At present, the trend of epichlorohydrin separation from raw materials and the cost have little impact on it.
The import market has risen and continued to rise.
The Chinese market has soared and regional supplies have been tight.
The Asian external market has followed the rise, and European cargoes are expected to rise further in February.
The import cost of epichlorohydrin is also pushing up.
In short, the supply is tight and the unilateral is superior.
Some manufacturers have lost the opportunity to speculate, and the market outlook is likely to rise further.

    On the last trading day (January 25), the domestic epichlorohydrin was operating at a high level, the price of goods was tight, the negotiation range was still there, and some breakthroughs-a small amount could be 16,000 yuan / ton, although part of the start of construction was increased or was stopped.

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