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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 31, 2009: The domestic epichlorohydrin market is consolidating within a narrow range and the center of gravity is rising again.
On the trading day (March 30) Japan) The mainstream transaction price in the East China region of the mainstream market has further formed a range of 10,000-10200 yuan/ton, and the low-end will increase by 500 yuan/ton and the high-end by 200 yuan/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market was consolidating within a narrow range on that day, and the wait-and-see atmosphere was strong.
The manufacturers still started operations and the market transactions were limited.
The quoted price was strong at 10,500 yuan/ton, which was a high reference.
It can be 10,200 yuan/ton, and the gap is gradually narrowing.
Regarding the operation of domestic manufacturers, Tianjin Chemical’s 28,000-ton/year plant is operating smoothly and is expected to be officially sold next week.
The 40,000-ton/year plant of Zhonghai Jinghua has been put into use, and the product output is expected to be on April 10.
Fast and stable manufacturers are currently the mainstay.
The raw material propylene market continues to rise.
The high-end price in Shandong is 8300~8350 yuan/ton, and the market transaction rises to 8100 yuan/ton.
The refinery's mentality is still good and there continues to be upward adjustment intentions, but the market is high and merchants are cautious.
Continue to pay attention to the crude oil market dynamics ; The price of liquid chlorine still rebounds slightly, the price of 1100-1300 yuan per ton from manufacturers in Shandong area, a slightly higher price is also heard.
The downstream market is subject to high-level consolidation of raw materials and increased cost pressures.
The epoxy resin market has risen slightly, but transactions are limited.
End users have not improved significantly, and the market has a strong wait-and-see atmosphere.
The short-term market consolidation continues at high levels.
On the last trading day (March 30), the domestic epichlorohydrin market continued its upward trend, and the atmosphere performed well, supported by rising raw materials.
Manufacturers were driven by cost-driven, firming or upward quotations.
The downstream start load was average, some contract supplies were slightly lower, and buyers’ prices were high.
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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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