Daily review of epichlorohydrin: low demand

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 25, 2009: The domestic epichlorohydrin market demand is sluggish and the market is deadlocked, the last trading day (May 22) The mainstream transaction price in East China in the mainstream market continues to stay at the platform of 9,000 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was operating within a narrow range on that day.
Major manufacturers controlled shipments and mainly supplied core users.
The intention of small order shipments was low and market resources were not high.
Slightly tense, downstream demand is still sluggish, and market purchase intentions are not high; the overall market maintains a sideways order, sellers' demand is still sluggish, cautiously watching the market trend, demand is still restricting market resistance.
Qilu Petrochemical's cracking unit is operating unstable, the start-up time of the ring chlorine unit is delayed, and the specific restart is still to be determined.
The 40,000-ton/year plant of China Shipping Fine Chemicals continues to shut down and plans to restart at the weekend.
Tianjin Chemical's 2 units are all normal.
The downstream purchasing atmosphere of the raw material propylene is slightly better, and the low-end price rises slightly.
The price in Shandong is 7000~7050 yuan/ton, and the low-end is mostly purchased by polypropylene manufacturers.
The market mentality is slightly better and the wait-and-see atmosphere is relatively strong; the market price of another raw material, liquid chlorine Strong, mainly due to the control of the start-up load of the chlorine plant, tight market prices and slightly lower transaction prices, with prices ranging from 1,200 to 1,300 yuan/ton in Shandong.
Affected by the slight increase in the prices of dual raw materials, manufacturers have increased their cost pressures, and signs of upward adjustment are slightly obvious, but the upward momentum is still brewing in order to accumulate favorable support.
Downstream demand is sluggish and the market outlook is cautiously wait-and-see.
The dynamics of major manufacturers still need to be closely watched.
It is expected that the short-term market may consolidate and pull up.

On the last trading day (May 22), the domestic epichlorohydrin market was calm and demand was bleak.
The downstream digested the preliminary inventory and cautiously waited and watched the market outlook.

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