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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 21, 2009: The domestic epichlorohydrin market is still operating within a narrow range, showing signs of upward trend.
On the last trading day (August 20), the mainstream transaction price in the mainstream market in East China continued to stay at 10,200-10,300 yuan/ton, but the center of gravity was obviously high.
The market experts of China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the fundamentals of the market were mainly maintained on that day.
Manufacturers’ quotations ranged from RMB 10,100 to RMB 10,500 per ton.
The focus of market discussions was centered on 10200~10300 yuan/ton, both slightly higher and lower, and the characteristics of narrow width remain.
Domestic manufacturers' installations are stable and the market supply is relatively abundant.
The raw material propylene market remains stable.
The price in Shandong is 9250-9300 yuan/ton.
Refinery operations are still relatively ordinary, port sources are still digesting, and supply-side mentality is relatively ordinary, mostly maintaining normal inventory; liquid chlorine market continues to consolidate within a narrow range, Shandong The regional price is 800-900 yuan/ton, which is slightly higher and there are some hearsays, and the market transaction is average.
The lower end of the Asian market is raised by US$50/ton, and the negotiated prices for tank filling and barrel cargo evaluation are both at US$1250~1350/ton (CFR China’s main port); the tight price of raw material propylene continues to rise, due to cost pressures and profits The space is squeezed, and manufacturers have low intention of low-price shipments.
Anti-dumping duties are offered at 5% to US$1,350 to 1,400/ton (CFR China's main port), and bulk cargo is at 1,300 to 1,350 US dollars/ton (CFR China's main port).
The buying intentions in the market are mostly at US$1250/ton (CFR China's main port), and the price difference between buyers and sellers has gradually widened.
On the trading day (August 20th), the domestic epichlorohydrin market atmosphere remained and showed an upward trend.
At present, the downstream digestion of inventory is dominated and the purchasing enthusiasm is not high, but supported by the raw material propylene, the short-term market is mostly stable.
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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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