Daily review of epichlorohydrin: still picking up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 9, 2010: The domestic epichlorohydrin market is still picking up, and the wait-and-see situation has intensified.
On the last trading day (April 08), the mainstream transaction price in the mainstream market in East China began to form a range of 14,500-14,700 yuan/ton, and an increase of 200 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), market activity declined on that day, some manufacturers raised the news, prices were adjusted in the middle, and the inflation had already occurred, and some dealers were optimistic and reluctant to sell.
Wait and see, or the market will not be reported, and the level of market negotiations will increase.
Market participants are expected to raise the quotation of major domestic manufacturers, and the overall quotation will rise; raw material propylene is rising within a narrow range, the liquid chlorine market is deadlocked, and epichlorohydrin plants have no production and sales Pressure and some adjustment intentions have driven market expectations.
Many downstream passive follow-ups and high-level shocks are expected to continue.
Purchasing on demand, cautious stocking, flat transactions and rising prices, market participants are cautious, and the wait-and-see atmosphere has intensified.
At present, the receiving situation of epoxy products is relatively good, which provides certain support to the propylene market, and the domestic refinery supply is slightly tight, the epichlorohydrin market is rapidly rising, some large factories continue to perform low-price contracts in the early stage, and actively pay attention to domestic manufacturers trend.
In short, epichlorohydrin has risen quickly in the short-term, and some downstream markets are difficult to judge, and the high position is cautious.
During the weekend, some domestic manufacturers raised their quotations, and the spot atmosphere continued to heat up.
Some intermediate merchants regretted not reporting for the time being.
Not obvious, follow up further.

    On the trading day (April 8th), the domestic epichlorohydrin market opened higher and continued to rise.
Manufacturers adjusted upwards, market participants were cautious and wait-and-see, cautiously bullish mentality, no rush to deliver goods, downstream epoxy resin market was stable There was a moderate increase, but the follow-up was relatively slow, there was no significant improvement in demand, and trading was not smooth.
The market continues to push up, mainly supported by domestic manufacturers' rising prices.
Major distributors are still reluctant to sell and wait and see and pay attention to companies.
Prices will gradually become clear in April, and there are expectations for a further rise in the market outlook.
The price is temporarily within the scope of the downstream, and many users mainly purchase from the trend.
The overall operation of the upstream raw material market: the spot market price of propylene fluctuates within a narrow range, and some manufacturers in Shandong have pulled up; the other raw material liquid chlorine market is trading sideways, and there is little room for short-term fluctuations.
The short-term market is still cautiously optimistic.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14800-15500 yuan/ton, the low-end price is raised by 300 yuan/ton, and the mainstream transaction price is 14500-14700 yuan/ Tons, increase by 200 yuan/ton; mainstream quotations in Huangshan area are 14800-15500 yuan/ton, low-end prices are raised 300 yuan/ton, mainstream transaction prices are 14600-14800 yuan/ton, low-end prices are raised 200 yuan/ton/high-end prices are raised 300 yuan/ Tons; mainstream quotations in North China are 14800-15500 yuan/ton, low-end prices are raised by 300 yuan/ton, mainstream transaction prices are 14500-14600 yuan/ton, and 200 yuan/ton higher; mainstream quotations in southern China are 15300-16000 yuan/ton, low-end An increase of 300 yuan/ton, mainstream transaction prices of 15,000-15200 yuan/ton, and an increase of 200 yuan/ton.

    Domestic epichlorohydrin manufacturers continue to increase and promote the market.
Buyers purchase on-demand as a whole, and manufacturers' shipments are still flat.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 15,000 yuan/ton (including freight), 500 yuan/ton is raised, and 8+8+80,000 tons/ The annual equipment load operation and shipment are average, contract supply is the main focus, and the main stable operation; Tianjin Chemical’s ex-factory price is 14,200 yuan/ton (including freight), 28,000 tons/year equipment is shut down for maintenance, 33,000 tons/year equipment is operating normally, and sales General, contract-based; Xinyue Chemical’s ex-factory quotation is 15,000 yuan/ton (including freight), with an increase of 500 yuan/ton, 3+30,000 tons/year, stable operation, 50% start-up, contract-based, general shipment; Qilu Petrochemical ex-factory price is 14,200 yuan/ton (including freight), 32,000 tons/year equipment load is 50%, contract-based, delivery is normal, and walking volume; Yangnong Chemical's ex-factory price is 15,000 yuan/ton (including freight), increased by 500 RMB/ton, 3+30,000 tons/year, the equipment is operating normally, the load is 70%, mostly for self-use, and the export is not large; Zhonghai Jinghua suspended the quotation, the initial period is 14,000 yuan/ton (including freight), and the 40,000 tons/year installation is full The load starts smoothly, and further adjustments are expected.
The products are mainly for core users; Huaxiang Chlor-Alkali ex-factory price is 14,000 yuan/ton (including freight), 500 yuan/ton is raised, 35,000 tons/year equipment restarts smoothly, and sales are average; Baling Petrochemical ex-factory price is 15,500 yuan/ton (including freight), 32,000 tons/year, the equipment is operating normally, the load is relatively high, mainly for self-use, and a small amount of external supply; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight) , The 25,000-ton/year plant was shut down for maintenance again, and the recovery time is temporarily unknown.

(Our reporter Ye Hui)

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