Daily review of epichlorohydrin: slightly better atmosphere

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 26, 2009: The domestic epichlorohydrin market has a slightly better atmosphere and the market continues to rise.
On the last trading day (August 25), the mainstream transaction price in the East China region of the mainstream market could range from 10,500 yuan/ton, and the low-end price increased by 100 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market sentiment seems to be improving on that day.
Due to the low load of chlor-alkali companies, the price of liquid chlorine has been tight recently and the price has been rising rapidly.
The ex-factory quotations of liquid chlorine in Shandong are mostly above 1100 yuan/ton.
In addition, the external market of propylene is stable, and there are some high-end spot callbacks; this directly leads to the high cost of epichlorohydrin, the manufacturers have successively increased or closed the market without reporting, and the intermediate merchants are reluctant to sell Wait and see the manufacturer's policy, the negotiated price can exceed 10,500 yuan/ton.
Domestic manufacturers’ quotations have generally been raised, Tianjin Chemical has raised 400 yuan/ton to 10,500 yuan/ton; Yangnong Chemical raised 500 yuan/ton to 11,000 yuan/ton, and Qilu Petrochemical raised 400 yuan/ton to 10,500 yuan/ton; Bohui Chemical and Xinyue Chemical continue to close the market and wait and see; as manufacturers’ quotations have been raised and the market has followed the trend, the focus of epichlorohydrin negotiations has risen, and low-priced resources are difficult to find.
The market transaction is temporarily unclear.
Affected by the upward adjustment of entrusted manufacturers' quotations, the downstream buying mentality has become stronger.
Epoxy resin manufacturers are tentatively searching for orders and partially replenishing them.
However, low-cost resources are difficult to find and terminal demand is slightly following up.
The domestic market continues to fluctuate.
In short, it is difficult to find low-priced goods in the market, and the focus of negotiation has shifted.
There are fewer low prices and most of them are contract users.
The downstream digests inventory mainly, and some inquiries are active.

    On the last trading day (August 25), the domestic epichlorohydrin market continued to move up slightly, with a wide range of negotiations and not many sources of low-priced goods.

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