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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 7, 2010: The domestic epichlorohydrin market is running on a wait-and-see basis, and is organized in-situ.
On the previous trading day (January 06), the mainstream transaction prices in the East China region of the mainstream market still temporarily maintained the range of 14,400-14,600 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened and ran relatively smoothly.
Production companies started relatively stable, and the market mentality is calm and stable; since the holiday, epichlorohydrin has been trading sideways, and the plants have continued to sell at a stable price.
Recently, crude oil has risen sharply and propylene has risen sharply.
The short-term market mentality is calm and stable.
, Still focusing on stability.
Spot consolidation and sharp rise in raw materials have become the main characteristics of the current market operation.
At present, the pace of market shipments is flat, and there is little expectation for increasing the load.
In the short-term, the industry sees more stability.
The price of raw material propylene has risen strongly, and cost support has gradually emerged.
Among them: propylene has risen sharply, the market has risen wildly, the quotation of Shandong refineries has risen by 300 yuan/ton, the transaction range is 9700-9950 yuan/ton, crude oil and external disks continue to be high, refineries The supply is slightly tight, and the supply of external stocks is not enough.
The short-term propylene market is still more optimistic and concerned about the trend of polypropylene.
In view of the recent sharp rise in propylene and the high prices of major domestic manufacturers, the epichlorohydrin market is mostly stable in the short-term and continues to fluctuate mainly within a narrow range.
The downstream acceptance is not high and the intended price is slightly lower.
Stalemate.
On the previous trading day (January 06), the domestic epichlorohydrin market opened flat and operated normally, the actual offer level was lowered, and it still formed a wide range with the transaction.
The quotes of domestic manufacturers were uneven, the downstream users’ intention to receive the goods was flat, and the intermediate merchants locked in Profit sales, actual negotiations are temporarily maintained, and the center of gravity is in the low-end position; international crude oil has further surging, frequently surging to record highs, propylene offers have risen sharply, and continue to maintain a strong momentum.
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