Daily review of epichlorohydrin: low-end operation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 25, 2008: The domestic epichlorohydrin market is operating at a low end and the center of gravity is still falling.
The trading day (December 24) Although the mainstream transaction price in East China in the mainstream market maintains the range of 6,200-6300 yuan/ton, the center of gravity is at the low end.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to narrow down the weak market on that day.
Intermediaries and some manufacturers basically follow the market and follow the market.
The negotiation has gradually fallen to 6,200 yuan.
/Ton, high-end prices are no longer representative of mainstream, some self-withdrawal or cash can be lower, the downstream procurement rhythm is slow, the market volume is normal; in view of the weak downstream demand, the weak production profit, the low spot prices are frequent, and the wait-and-see atmosphere is strong , The raw material propylene is stable overall, and the cost support is not large.
The parking manufacturers have no plans to start the car.
Qilu Petrochemical Ring has slightly lowered the price; near the end of the month and the end of the year, the raw material market is weak and the downstream is forced to follow up and adjust.
There are plans to further reduce production, but cyclochlorine manufacturers have little intention to adjust in the short-term, and the market will still be narrowly and weakly sorted.
Later, it may be positioned at 6000 yuan/ton; according to statistics from the customs, the import situation of epichlorohydrin in November-import quantity 4150.
038 tons, the amount of US$769,320, and the average price of US$1,85.
24/ton, the import volume increased by 13.
78% from the previous month, and the cumulative import volume from January to November was 62285.
739 tons.

    On the previous trading day (December 24), the domestic epichlorohydrin was still weak, the mainstream quotation was sluggish, the focus of negotiations was down, the high-end was only the pre-contract price, the downstream construction was further reduced, the scattered small orders were picked up on demand, and the pace of negotiations was slow; The price market is weak and downward, the center of gravity tends to be low, and the buyer's attitude is cautious.
Merchants follow the market to follow the market.
Some self-proposed prices are slightly lower, resulting in uneven spot market, the downstream basic level is weak, the market outlook is cautious, and the wait-and-see atmosphere is further increased; raw material propylene The price is still stable.
The Shandong region is stable at 5,100-5,200 yuan/ton, and the northwest and north China regions fell slightly by 100 yuan/ton.
The international crude oil market is running at a low level.
There is downward pressure on downstream propylene.
The external market is still mainly stable for the time being; Oxygen resin fundamentals are weak, raw materials have declined slightly, and the downward pressure remains unabated.
Actual discussions have mostly weakened-solid resin tends to be as low as 10,000 yuan/ton, and liquid resin has fallen below the 13,000 yuan/ton mark.
According to market experts from China Epoxy-e.
cn, the mainstream quotation in East China is 6300-6500 yuan/ton, the mainstream transaction price is 6200-6300 yuan/ton, mainly low-end; Huangshan The mainstream price in the region is 6300-6500 yuan/ton, and the mainstream transaction price is 6200-6300 yuan/ton, mainly low-end; the mainstream quotation in North China is 6300-6500 yuan/ton, and the mainstream transaction price is 6200-6300 yuan/ton, mainly low-end ; The mainstream quotation in South China is 6800-7000 yuan/ton, and the mainstream transaction price is 6700-6800 yuan/ton, mainly low-end.

    Some domestic manufacturers adjusted their prices to indicate the future trend of the market.
Exports in November were 239.
236 tons, a decrease of more than 80% from the previous month.
Among them, Bohui Chemical 219.
16 tons, accounting for 91.
61%, mainly processed with supplied materials, mainly in South Korea; Yangnong Chemical was more than 20 tons.
Domestic and foreign markets continued to fall, and Asia slipped to US$900/ton, and export resistance continued to grow.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn): Bohui Chemical’s ex-factory price is 7,000 yuan/ton (including freight), one set of 80,000 tons/year is operating normally, and the other two sets of 8+ 80,000 tons/year plant shutdown; Tianjin Chemical’s ex-factory price is 6,500 yuan/ton (including freight), 28,000 tons/year plant will be shut down on November 21, and 33,000 tons/year plant will be shut down on September 15, without a clear start-up plan; Xin Yue Chemical’s ex-factory price is 7000 yuan/ton (including freight), and the operating load of 30,000+30,000 tons/year is average; Yangnong Chemical’s pre-ex-factory price is 9000 yuan/ton (including freight), mainly for self-use, but rarely Cargo, 3+30,000 tons/year device restart time is unknown; Qilu Petrochemical’s ex-factory price is 6,200 yuan/ton (including freight), down 300 yuan/ton, 32,000 tons/year device operating load is average; Baling Petrochemical’s ex-factory price is 7,500 yuan /Ton (including freight), 32,000 tons/year, the plant will stop on December 2 and start-up time is undetermined, mainly for self-use, and insufficient export; Anbang Electrochemical’s ex-factory price is 7,000 yuan/ton (including freight), and 20,000 tons/year.
Low-load operation; Sandie Chemical lacks quotations, and the operating load of the 25,000-ton/year plant is relatively low, and its products are supplied to related companies; the 40,000-ton/year plant of Zhonghai Fine Chemicals has been completed, and the start-up may be small in October and the year.

(Our reporter Shu Huan) 

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