Daily review of epichlorohydrin: low-end emerges

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 10, 2008: The domestic epichlorohydrin market is still weak, and the low-end market is emerging.
The trading day (November) 7th) Although the mainstream transaction price in the East China region of the mainstream market strives to maintain the 8,000 yuan/ton platform, low-end prices have emerged in large numbers, some of which can be 7,800 yuan/ton or even 7,500 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market continued to weaken and consolidate on that day.
There were continuous low-price rumors and downstream attention.
The mainstream quotation tended to 8,000 yuan/ton, and the negotiation was slipping.
7,500 yuan/ton trend, the market is dominated by small orders, and the volume is still slow; the main raw material propylene market is stable, although the local quotation has increased by 100-200 yuan/ton, the actual negotiation is still maintained, and the external disk is stable at 300-310 US dollars/ Tons, the current CFR is about $350/ton, and the market is expected to stabilize in the short term; the overall start of downstream epoxy resins has risen slightly, but most of them are still mainly based on sales and production.
The market is flooded, the price performance is messy, and the price difference between high and low segments is large.
, Many raw materials still have high-priced stocks, and the current purchase demand increases little.
At present, the overall characteristics of the domestic ring chlorine city are: manufacturers continue to list the extension policy, but 9,000 yuan/ton has long lost its meaning, is unable to protect the market, and actually follows the decline, the market continues to fail to get rid of the slump, the spot lacks clear price guidance, and the buyer is ready to use it.
With small orders for replenishment, the market’s weak consolidation continues, and the market outlook will soon reach the level of 7,500 yuan/ton.
However, the expected resistance is still difficult to generate.

    On the last trading day (November 7), the domestic epichlorohydrin market was in a sluggish atmosphere and a weak market.
The postponement of listing has little guiding significance.
Faced with the weak market, the offer was forced to go down.
The offer was mostly around 8,000 yuan/ton, and settlement was still postponed.
, Downstream buyers are ready to use, and most of the market outlook is cautiously bearish, and some self-raised prices are significantly lower; downstream epoxy resins have started slightly, but they are still mostly based on sales and production, and continue to digest pre-stocks, affected by weak demand and the market The quotations are uneven and still in the downturn after the impact; the market is still weak throughout the day, and manufacturers continue to postpone their listings and have no choice but to let the market.
The market lacks clear direction guidance, and the overall start of construction is about 30%.
Although the raw materials have stabilized, they have fallen in the early stage.
Obviously, there is huge room for adjustment, it takes time to digest, coupled with limited changes in demand, shipments are still difficult, and bearishness is obviously still the mainstream.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 8000~8500 yuan/ton, mainly low-end, the mainstream transaction price is 8000 yuan/ton, and some are available.
7500 yuan/ton; the mainstream price in Huangshan area is 8000~8500 yuan/ton, low-end mainly, the mainstream transaction price is 8000 yuan/ton, and some can reach 7500 yuan/ton; the mainstream price in North China is 8000-8500 yuan/ton, low-end Mainly, the mainstream transaction price is 8000 yuan/ton, and some can reach 7500 yuan/ton; the mainstream quotation in South China is 8500-9000 yuan/ton, mainly low-end, the mainstream transaction price is 8500 yuan/ton, and some can reach 8000 yuan/ton .

    Domestic manufacturers have slightly increased their operating levels and continued their listing policies.
The resistance levels have been thrown away one by one: 9,000 yuan/ton will soon be lost, 8,500 yuan/ton will be lost, 8,000 yuan/ton is leaving, and 7,500 yuan/ton will soon be tested , But the sharp decline stage may be over, manufacturers are more psychologically prepared, and individual news of restructuring has been spread.
According to the market experts of China Epoxy Industry Association (www.
epoxy-e.
cn): Bohui Chemical’s ex-factory price is 9,000 yuan/ton (including freight).
The operation strategy of the device is to drive in turn, and one set of 80,000 tons/year device restart , Low-load operation, the remaining 2 sets of 80+80,000 tons/year plant shutdown cycle; Tianjin Chemical’s ex-factory price is 9,000 yuan/ton (including freight), the 28,000 tons/year plant is operating normally, and the 33 thousand tons/year plant September 15 It has been shut down since today; Xinyue Chemical’s ex-factory price is 9,000 yuan/ton (including freight), and the operating load of 3+30,000 tons/year is relatively low; Yangnong Chemical’s ex-factory price is 11,000 yuan/ton (including freight), mainly for self-use, There are few shipments, 3+30,000 tons/year device runs at low load; Qilu Petrochemical’s ex-factory price is 9,000 yuan/ton (including freight), and the 32,000 tons/year device is operating normally; Baling Petrochemical’s disk is closed, and the previous ex-factory price is 11,000 yuan /Ton (including freight), 32,000 tons/year, temporary shutdown of the device, unclear restart time, mainly for self-use, insufficient export; Anbang electrochemical closure, the initial ex-factory price of 11,500 yuan/ton (including freight), 20,000 tons/year Low-load operation of the device; Sandie Chemical lacks quotation, the 25,000-ton/year device restarts, low-load operation, product supply related enterprises; Zhonghai Precision Chemical's 40,000-ton/year device is about to be completed, originally planned to be commissioned in October, it seems that It is difficult to make a trip in November.

(Our reporter Lan Xin)

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