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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 29, 2010: The domestic epichlorohydrin market has tight supply and manufacturers are pushing hard.
On the last trading day (January 28), the mainstream transaction price in the mainstream market in East China began to form a range of 16,000-16,500 yuan/ton, and the low-end increased by 200 yuan/ton/ the high-end increased by 500 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was mostly on the sidelines and unclear in the early trading.
No bullish report is reported, the market volume is small and short-lived, the downstream is paying close attention, the mainstream transaction guidance price is not outstanding, and some of the previous contracts are implemented, and low sales are reluctant.
With the sharp increase of many manufacturers and the advancement of the thousand yuan level, the price quotation has been further adjusted at a high level, and the market effect has gradually been released.
Focusing on the production and sales of major manufacturers and price trends, it is expected to further fluctuate and rise.
The raw material propylene has regained its upward trend and its support has strengthened.
International crude oil fluctuated within a narrow range, and the overall price was below 75 US dollars/barrel.
The manufacturers slightly increased by 500-100 yuan/ton, and the Shandong area quoted 9800-10100 yuan/ton, and the transaction price was 9900-9950 yuan.
/Ton; the current supply in the region is basically stable, the downstream is still poor, short-term growth is difficult, refinery inventories are low, product demand is acceptable, and short-term high levels are maintained.
Crude oil continued to decline, suppressing chemical morale, epichlorohydrin has no cost pressure for the time being, and the tight spot supply continues.
Due to the unilateral dominance of manufacturers, the inflation is still full, but the trading and shipment are temporarily sluggish.
In view of the tight supply, the market is expected Rise further.
On the last trading day (January 28), the domestic epichlorohydrin market was high and trading was limited, and the spot circulation was still tight.
Some downstream products were picked up according to the order demand and the high price.
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