Daily Review of Epichlorohydrin: Ninth Five-Year Plan

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 17, 2009: The domestic epichlorohydrin market has picked up slightly and the market has risen slightly.
On the last trading day (June 16), the mainstream transaction price in the East China region of the mainstream market formed a single platform of 9,500 yuan/ton, and the low-end increased by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market faced manufacturers raising their quotations.
Narrow range fluctuations and average transactions; supported by costs, merchants have strong intentions to increase prices.
Individuals are temporarily closed and low-priced resources in the market are gradually hard to find.
However, downstream follow-up is weak and terminal demand is still weak.
The market continues to operate within a narrow range.
Throughout the day, the transaction was in a narrow range and the transaction was average, and the transaction center continued to move closer to the high level.
Most manufacturers adjusted upwards and continued to wait and see as a whole-to wait and see the market trend and plan follow-up countermeasures.
The raw material propylene market continues to climb.
The Shandong area has a transaction of US$7,100-7250/ton, mainly low-end, and the downstream polypropylene has declined slightly, and the mentality is slightly affected.
The liquid chlorine market price is mainly stable, and the transaction in Shandong area is 800-900 yuan/ton.
Manufacturers said that the goods are acceptable.
As some new projects are started up and market resources have increased significantly, they are mostly bearish and lack confidence.
International crude oil fluctuated at a high level, propylene internal and external disks rose to support, and cost pressures increased.
Epichlorohydrin manufacturers showed signs of upward adjustment.
Because downstream demand is still sluggish and follow-up is weak, manufacturers are still cautious and most wait and see.
The current market fluctuates within a narrow range.
Mainly, the transaction is difficult to increase the volume.

    On the last trading day (June 16), the domestic epichlorohydrin market increased slightly, with horizontal adjustments and poor transactions.

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