Daily review of epichlorohydrin: light discussion

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 5, 2009: The domestic epichlorohydrin market is insufficient in resources, negotiable, and regional markets have leveled off, last trading day (February 4) The mainstream transaction price in the East China region of the mainstream market formed a single platform of 7,500 yuan/ton, and the low-end increased by 700 yuan/ton.
According to the analysis of market experts from China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market’s wait-and-see atmosphere remained unabated on that day, and major manufacturers continued to control the start of construction.
Qilu Petrochemical’s quotation was adjusted to 6,600 yuan/ton, Bohui Chemical and Xinyue Chemicals and Yangnong Chemicals maintain-the quotation is still 8,000 yuan/ton, the market negotiation level is 7,500 yuan/ton, the actual transactions are few, and narrow adjustments are the main reasons; the Asian epichlorohydrin market after the holiday is driven by the rising cost of propylene, China The spot boost is affected, and the quotations are gradually rising.
At present, regional barrels are quoted at US$950-1050/ton (CFR China's main port), and tanks are quoted at US$1,000/ton (CFR China's main port), both of which have increased by 50 US dollars/ton from the pre-holiday period.
Tons, in view of the uncertainty of the market outlook, market buying is cautious and negotiations are still cautious, and the intention is mostly US$850-900/ton (CFR China's main port), but the "hot" of enquiries has increased significantly; although the market is not starting fast at present , Downstream resin plants are not operating high and demand is limited, but there is already a good atmosphere.
As Qilu Petrochemical resumes invoicing and quotation increases, the overall market quotations are steadily rising, the center of gravity is high, there is not much negotiation, and the output is low.
The market mentality It seems to be improving.
At present, most buyers and sellers wait and see and wait for the market to become clear.

On the last trading day (February 4), the domestic epichlorohydrin market was partially up, and the price was mostly around 7,500 yuan/ton.
It was obviously showing a steady upward trend.
After the holiday opened for only 2 days, the major manufacturers continued to push the growth process.
, 8,000 yuan / ton has been the mainstream price; currently Bohui Chemical, Xinyue Chemical, and Yangnong Chemical are all at 8,000 yuan / ton.
Manufacturers still control the start of construction, and market transactions are still few.
The supply of pre-contracted users is the main and the inventory is very large.
The market spot resources are limited and the wait-and-see atmosphere is relatively strong; the price of raw material propylene rose slightly, about 100 yuan/ton, and the mainstream Shandong market was 6100-6300 yuan/ton.
As the supply of goods is still tight, it is expected to arrive in Hong Kong in mid-February.
, But the cost is not low; some downstream industries resume production one after another, but the manufacturers do not start high, and often wait and see, the demand for epichlorohydrin is limited, but the tight resources continue, it is expected that narrow consolidation and high-end operation are expected; the current market continues Low trading volume, strong wait-and-see atmosphere, high-end offers, insufficient actual transactions, limited spot resources, and market merchants are reluctant to sell and wait and see.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 7500-8000 yuan/ton, the mainstream transaction price is 7500 yuan/ton, and the low-end price is raised by 700 yuan/ton; The mainstream quotation in Huangshan area is 7500-8000 yuan/ton, the mainstream transaction price is 7500 yuan/ton; the mainstream quotation in North China is 7500-8000 yuan/ton, the mainstream transaction price is 7500 yuan/ton; the mainstream quotation in South China is 8000-8500 yuan/ton, the mainstream The transaction price was 8,000 yuan/ton, and the low-end price was raised by 700 yuan/ton.

    Some of the domestic manufacturers' ex-factory quotations are still adjusted, the center of gravity is shifted, the installation load is still under control, and the overall level is still around 40%.
By grasping the raw material factors in the early stage and fully supporting the price to push up the market, the market seems to be showing a certain heating trend.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 8,000 yuan/ton (including freight), one set of 80,000 tons/year is operating normally, and the other two The 8+80,000 ton/year plant shut down; Tianjin Chemical closed the disk, the pre-factory quoted price was 6,500 yuan/ton (including freight), the 28,000 ton/year plant shut down on November 21, and the 33 thousand ton/year plant shut down on September 15.
The February restart plan remains to be seen; Xinyue Chemical's ex-factory price is 8,000 yuan/ton (including freight), and the operating load of 3+30,000 tons/year is not high; Yangnong Chemical 8,000 yuan/ton (including freight), 3+30,000 The ton/year device is operating at low load, and the 100,000-ton/year epoxy resin device-has been built and is being tested-accumulates raw materials; Qilu Petrochemical’s ex-factory price is 6,600 yuan/ton (including freight), and the increase is 500 yuan/ton, 3.
2 The operating load of the 10,000-ton/year device is not high, and maintenance is planned for April; Baling Petrochemical’s ex-factory price is 7,500 yuan/ton (including freight), and the 32,000-ton/year device is operating normally, mainly for self-use, and insufficient for export; Anbang Electrochemical leaves the factory The quotation is 6,500 yuan/ton (including freight), and the 20,000-ton/year plant shutdown and maintenance, and the restart time is undetermined; Sandie Chemical lacks quotation, the 25,000-ton/year plant is temporarily shut down, and the product is supplied to related companies; Zhonghai Jinghua 40,000 tons/ The installation was completed at the end of last year, and the start-up plan has been postponed repeatedly, and is currently tentatively scheduled for March.

(Our reporter Xingchen)

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