Daily review of epichlorohydrin: on the rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on January 20, 2010: Domestic manufacturers of epichlorohydrin market have made up for the increase, and the market has risen.
On the last trading day (January 19), the mainstream transaction price in East China in the mainstream market began to form a range of 15,000 to 15,800 yuan/ton, and the high-end price was raised by 300 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market continued to move at a high level on that day.
Various manufacturers were priced at higher prices and downstream on-demand purchases.
Actual discussions formed a wide range, an upward trend, and a low-end market.
Some end-user contracts and high-end sporadic small orders were transacted.
The overall market supply is still insufficient, and buyers are passively accepting; prices remain high, and downstream gradually passively "eat in", some are cautious at high levels, digesting inventory wait and see, raw material propylene is affected by oil prices, The weakness of polypropylene impacted and declined slightly.
As domestic manufacturers continue to make up for the increase, although a small number of pre-contracts are implemented, but the expected upward adjustment, spot prices have further risen, laying the foundation for the bottom of the market; since October, Bohui Chemical has reduced production and supply, triggering tight supply and peaking price increases.
Most of the yuan/ton and above are received by scattered retail investors, and market crowds indicate that high prices have low prices.
The international crude oil market has been overcast on the 5th.
The downstream polypropylene has become weaker and purchases have slowed down.
Although the external market has generally risen last week, the propylene spot has been slightly weakened.
The negotiated price in Shandong area is 9900-9950 yuan/ton, and the price is reduced by 50-100.
Yuan / ton.
At present, epichlorohydrin is rising in the short-term, and the downstream is gradually digested.
Spot fluctuations are adjusted to seek a new balance point.
The short-term price market is mainly running at high levels.

    On the last trading day (January 19), the domestic epichlorohydrin continued to rise, domestic manufacturers continued to make up for the increase, and the focus of negotiations was shifted.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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