Daily Review of Epichlorohydrin: Outer Disc Subtlety

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 6, 2009: The domestic epichlorohydrin market continues to consolidate in the internal market, and the external market has subtle changes.
The last trading day (March 5) ) The mainstream transaction price in East China in the mainstream market has begun to enter the range of 8,600-8800 yuan/ton, with an upward adjustment of 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment was still on the sidelines, transactions were still sluggish, the negotiating price range shifted slightly, low-priced resources were hard to find, and downstream wait-and-see was intensified.
Take the goods cautiously, the current market is consolidating and the merchants are reluctant to sell and wait and see the market; manufacturers continue to control the start, the overall market resources are limited, and the tight atmosphere can be maintained.
Yangnong Chemical adjusted its quotation on the same day-raised 500 yuan/ton to 9,500 yuan/ton, The trend of propylene in the raw material market remained stable, and liquid chlorine began to show weakness after rising; the downstream epoxy resin industry was rather negative, the raw material epichlorohydrin was consolidating at a high level, and bisphenol A continued to be weakened.
Many raw materials are still available for use, and at the same time, its own demand continues to be poor and market transactions are limited; Wednesday was affected by economic stimulus, the Chinese stock market, coupled with the decline in crude oil inventories, and the international oil price rose again, but the overall atmosphere of the chemical industry is still weak, and the raw material liquid chlorine is greatly affected.
Rising, manufacturers' cost pressures remain unabated, the market spot is still tight, and there is no lack of quotation intentions, but the terminal market is slow to start-epoxy resin is generally started, receiving goods on demand, epichlorohydrin demand support is limited, and the market continues to be sorted in the short term Mainly.

On the last trading day (March 5), the domestic epichlorohydrin market continued to rise slightly.
Manufacturers controlled the start and limited production.
The downstream industries were still cautious in obtaining goods.
The overall transaction volume was difficult to increase, and the market was consolidating at a high level.
Traders with a strong wait-and-see atmosphere; The overall atmosphere of raw materials tends to be flat.
Among them, the propylene market is mainly weak.
The prices in Shandong and North China have fallen.
The northwest and northeast regions have temporarily maintained stability.
The Shandong regional refining has started generally and some planned maintenance in the near future.
In view of the weak demand, there is no upward trend.
On the contrary, due to the impact of foreign stocks, transaction prices have fallen; the liquid chlorine market has experienced a surge in the previous period, and the current rise has slowed down, and the confidence has been insufficient.
The downstream epoxy resin continued to consolidate, the raw material trends were mixed, and the rise and fall were mixed-bisphenol A continued to run in a fatigued state, and the wait-and-see atmosphere was thicker.
The epichlorohydrin narrow disk went up, and its raw material purchases were mostly available for use, and the raw material was liquid chlorine.
Rising sharply, manufacturers' quotations continue to be firm.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 9,000 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 8600-8800 yuan/ton.
Increased by 100 yuan/ton; mainstream quotation in Huangshan area is 9,000 yuan/ton, low-end is raised by 500 yuan/ton, mainstream transaction price is 8600-8800 yuan/ton, raised by 100 yuan/ton; mainstream quotation in North China is 9,000 yuan/ton, low-end Increased 500 yuan/ton, mainstream transaction price 8600-8800 yuan/ton, raised 100 yuan/ton; mainstream quotation in South China was 9500 yuan/ton, low-end raised 500 yuan/ton, mainstream transaction price was 9100-9300, raised 100 yuan/ Ton.

The epichlorohydrin external disk market has undergone subtle changes.
The Asian market seems to have picked up slightly, while the European market has remained the same.
According to market experts from the China Epoxy Resins Industry Association (www.
epoxy-e.
cn), the Asian epichlorohydrin market has rebounded slightly-the price of raw material propylene has risen slightly, and the valuation of the Asian market continues to rise by US$50/ton.
To the barrel cargo is 1000-1050 USD/ton (CFR China main port), and tank cargo is 950-1000 USD/ton (CFR China main port).
Among them: an offer for barrel cargo with 4% anti-dumping duty is US$1,050/ton (CFR China's main port), and the negotiation intention is maintained at US$950-1,000/ton (CFR China's main port); Northeast Asia includes a 5% anti-dumping tax canned cargo offer of 1,000 ~ 1050 US dollars / ton (CFR China main port), the buyer's intention is 950 US dollars / ton (CFR China main port); part of the bulk cargo price is about 1,000 ~ 1100 US dollars / ton (CFR China main port).
Chinese manufacturers offer a firm price of 9,000 yuan/ton and negotiated prices of 8,600-8800 yuan/ton.
Actual transactions are in the mid-to-high-end range.
The downstream wait-and-see atmosphere is strong and the purchase of goods is more cautious.
The trend of upstream raw materials and downstream market demand are still the focus of market attention.
Link.
However, the European epichlorohydrin market is light, with offers mostly at 1,210 to 1,250 Euros/ton.
The wait-and-see period of the market is relatively strong and there are fewer active offers.
Due to poor market demand, the buying intentions are mostly at 1,000 Euros/ton; raw material propylene Rising, but did not arouse interest-the buying interest of epichlorohydrin merchants remains.
The downstream epoxy resin market has abundant resources and weak demand.
It is rumored that the start-up of manufacturers has dropped to about 50%.

(Our reporter Shu Huan)

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