Daily Review of Epichlorohydrin: Seven Thousand Tests

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] November 13, 2008: The domestic market for epichlorohydrin is still weak, and the previous trading day (November 12) is mainstream The mainstream transaction prices in East China have formed a range of 7,000 to 7,500 yuan/ton, with the low end dominated.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market continued to be in a downturn that day, spot prices were messy, and low prices continued to hit.
The actual transaction was trending towards 7,000 yuan/ton, and manufacturers continued The start of construction and listing delays are controlled, and the downstream is still waiting and watching and purchasing cautiously.
There is still room for adjustment in the market outlook; the market continues to weaken throughout the day, the raw material propylene market is still heating up, and the rise in external disks drives the increase in internal disks.
Currently, the mainstream market in Shandong region, the listed price Adjusted to 5200 yuan/ton, actual negotiation is 4900-5000 yuan/ton.
Other regions have also increased to varying degrees.
The overall increase has been 800 yuan/ton since the end of October.
The market is concerned about its impact on epichlorohydrin; however, it is still from the demand side Less optimistic, epoxy resin is mostly affected by the decline in raw materials, and further weakened in the weak demand.
The overall operating load is hovering at about 40%, spot resources are still sufficient, and social inventory consumption is slow; epichlorohydrin prices are characterized by prominent messy domestic prices.
Before the manufacturers formally settle accounts, this decline is expected to continue, but the raw material propylene returns to the 5,000 yuan/ton platform.
After all, the cost support has been strengthened, and the later settlement should be reviewed.
There is still no room for adjustment and the downward speed will slow down.

On the trading day (November 12), the domestic epichlorohydrin market continued to weaken and the center of gravity shifted downward.
Manufacturers’ listed quotations widened the gap, with a wide range of 8000-9000 yuan/ton, continued to implement the deferred settlement policy, and market mid-market merchants moved The volume price is slightly lower, the downstream demand is insufficient, the raw material procurement is weak, the overall price market is uneven, the actual negotiation continues to fall, the market volume is slow, and the market outlook is still unpredictable; propylene is affected by the rebound of polypropylene, slightly improved, and the quotation is slightly higher.
, Half of the manufacturers are still in the state of parking, and the price of external disks has rebounded; the downstream epoxy resin is still ineffective, the demand is still sluggish, the downward pressure is not reduced, and the raw materials continue to weaken each other.
There has been an improvement, but the bearish atmosphere has not changed.
Most of them have serious shortfalls and production cuts are still serious.
According to their own conditions, each factory has "flexible" sales and lack of mainstream prices in the market; domestic manufacturers have no choice but to despair, mostly price listings and vague sales , The appearance of the industry has intensified, the confidence in the epichlorohydrin market has collapsed, the downstream slow-moving situation is difficult to alleviate, and the weak consolidation situation will continue.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 8,000 yuan/ton, and the mainstream transaction price is 7,000-7500 yuan/ton, mainly low-end; the mainstream in Huangshan Quoted at 8000 yuan/ton, mainstream transaction price is 7000-7500 yuan/ton, mainly low-end; mainstream quotation in North China is 8000 yuan/ton, mainstream transaction price is 7000-7500 yuan/ton, mainly low-end; mainstream quotation in South China is 8500 Yuan/ton, the mainstream transaction price is 7500-8000 Yuan/ton, mainly low-end.

Domestic manufacturers continue to start construction and postpone settlement, and the resistance levels one by one lose their helmets and armor: 9,000 yuan/ton, 8,500 yuan/ton, 8,000 yuan/ton are lost one by one, 7,500 yuan/ton will be cut again soon, and 7,000 yuan/ton will start to compete , It is expected that the sharp decline phase may end, but the market is still falling.
Many manufacturers are psychologically prepared and some news of restructuring is reported.
According to market experts from China Epoxy Epoxy Industry Association (www.
epoxy-e.
cn): Bohui Chemical’s ex-factory price is 9,000 yuan/ton (including freight).
The operation strategy of the plant is to drive in turn, and one set of 80,000 tons/year is restarted.
, Low-load operation, the remaining 2 sets of 80+80,000 tons/year plant shutdown cycle; Tianjin Chemical’s ex-factory price is 9,000 yuan/ton (including freight), the 28,000 tons/year plant is operating normally, and the 33 thousand tons/year plant September 15 Daily parking is so far; Xinyue Chemical’s ex-factory price is 9,000 yuan/ton (including freight), and the operating load of 3+30,000 tons/year is relatively low; Yangnong Chemical’s ex-factory price is 11,000 yuan/ton (including freight), mainly for self-use, less There are shipments, 3+30,000 tons/year device is operating at low load; Qilu Petrochemical's ex-factory price is 9,000 yuan/ton (including freight), and the 32,000 tons/year device is operating normally; Baling Petrochemical has closed the disk, and the previous ex-factory price is 11,000 yuan/ Tons (including freight), 32,000 tons/year, the installation is temporarily shut down, the restart time is unknown, mainly for self-use, and the export is insufficient; Anbang electrochemical seals 8000~8500 yuan/ton (including freight), 20,000 tons/year, low load Operation; Sandie Chemical lacked quotations, the 25,000-ton/year plant restarted and operated at low load, and the product was supplied to affiliated companies; the 40,000-ton/year plant of Zhonghai Fine Chemical was about to be completed, and it was planned to be commissioned in October, which seems to be difficult to start in November.

(Our reporter Xi Shi)

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