Daily review of epichlorohydrin: high stalemate

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 27, 2011: The domestic epichlorohydrin market is sluggish and has limited fluctuations.
On the last trading day (January 26), the mainstream transaction price in East China in the mainstream market continued to remain stable in the range of 15,700-16,000 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the spot market was operating in a calm atmosphere on the day, with a high level of order.
Near the end of the year, there were few downstream intentions to receive goods, transactions in intermediate circulation sources were scarce, and the negotiation interval was maintained.
Manufacturers mostly supply contracts and have a calm market mentality.
With the small and medium-sized downstream companies entering the holiday season and the shrinking market orders, many domestic manufacturers have no pressure on production and sales before the holiday.
Raw materials fluctuate alternately, and cost support is acceptable.
The epichlorohydrin external disk market is trading sideways, and the Asian region is negotiating US$2100-2150/ton CFR.
With the approach of the Lunar New Year and price fluctuations, the selling intentions of cargo suppliers in February have risen sharply, reaching US$2200-2400/ Tons of CFR, but the downstream terminals are weak in follow-up, the buyer's intention difference is large, the firm transaction is scarce, the demand from Taiwan, Japan and South Korea is stable, most manufacturers have no pressure on production and sales, and the intention to keep prices is obvious.
Domestic epichlorohydrin market regional quotation: mainstream quotation in East China is 16,000 yuan/ton, mainstream transaction price is 15700～16,000 yuan/ton; mainstream quotation in Huangshan area is 16,000 yuan/ton, mainstream transaction price is 16,000 yuan/ton; mainstream quotation in North China is 15,500 ~16,000 yuan/ton, the mainstream transaction price is 15,500 yuan/ton; the mainstream quotation in South China is 16,500 yuan/ton, and the mainstream transaction price is 16,200-16500 yuan/ton.

In the epichlorohydrin raw material market on the last trading day (January 26), in view of the fact that international crude oil opened low and the market fluctuated slightly, the support was basically maintained and the operation was mainly in a narrow range.
The cost and energy of epichlorohydrin could be temporarily stabilized.

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