Daily review of epichlorohydrin: still slipping

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 11, 2010: The domestic epichlorohydrin market is still declining and it is still unclear.
On the last trading day (March 10), the mainstream transaction price in East China in the mainstream market continued to fall to the range of 14,800-15,000 yuan/ton, with a decrease of 200 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the spot trading on the market was still unclear on that day.
The factory and the market followed the market with the main volume.
The intermediary merchants did not actively offer many offers, and the downstream was more on the sidelines.
, Use and pick up is the main thing, the actual negotiation is less than 15,000 yuan/ton, the market volume is normal; the current market continues to fall, the supply increases and the energy is released, the production and sales policies of manufacturers are different, the short-term spot is hard to be clear, and the cost of downstream epoxy resin Pressure retracement, short-term load increase is not obvious, under the weak market, the intention to kill decline is still strong, epichlorohydrin still has the possibility of further decline in the short-term.
Since the beginning of this week, manufacturers’ quotations have been adjusted frequently, either high-quotes and low-quotes, or delayed settlements, and closed stocks to wait and see.
The spot price has continued to decline and the wait-and-see atmosphere is still strong.
Most sellers said that the recent shipment resistance is relatively large, the downstream demand has risen slowly, and the market is unknown.
At this time, apart from the implementation of some contracts, there were very few warehouses for bulk purchases.
The spot market of raw material propylene fluctuates and stabilizes, and the external market continues to be high.
Although the downstream polypropylene continues to decline, interest in raw material purchases has increased, coupled with the gradual digestion of imported sources, the market has certain expectations for the stabilization of the decline and the rise of the market.
Follow-up attention to the coordination of various factors .
At present, manufacturers have different production and sales policies, and the market lacks clear guidance.
The short-term bearish atmosphere is still shrouded and concerned about subsequent changes.

On the trading day (March 10), the domestic epichlorohydrin market was chaotic and wait-and-see intensified.
Manufacturers or listings were postponed or the highs were no longer, and the mainstream quotations were 15000-15500 yuan/ton.
All parties waited for the direction to be further clarified.
Intermediary merchants Scattered orders, few talks and hearings; actual market talks are concentrated at the low end, below 15,000 yuan/ton, downstream are mostly watching and waiting for market news.
There are not many real talks and conflicts, and the seller’s overall pressure on shipments is still relatively high.
.
It is also heard that the spot market of raw material propylene fluctuates lower and lower, mainly due to the impact of imported resources and the weak demand for downstream polypropylene; another raw material, liquid chlorine, is maintained at a high level and sales are good.
The downstream epoxy resin market fluctuates within a narrow range, and the raw material epichlorohydrin has been declining, which puts it under pressure.
The ex-factory price remains but; production and sales are not smooth.
At present, the epichlorohydrin companies have successively lowered their prices, but the prices are frequently low, but it is difficult to generate new pressure.
They are concerned about the downstream receiving situation and the weak consolidation of the market continues.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 15,000-15,500 yuan/ton, the mainstream transaction price is 14,800-15,000 yuan/ton, and the price is reduced by 200 yuan/ton; The mainstream quotation in Huangshan area is 15000-15500 yuan/ton, the mainstream transaction price is 14800-15000 yuan/ton, the low-end price is lowered by 200 yuan/ton/the high-end price is lowered by 300 yuan/ton; the mainstream quotation in North China is 15000-15500 yuan/ton, the mainstream transaction price 14800~15000 yuan/ton, low-end down 200 yuan/ton/high-end down 300 yuan/ton; mainstream quotation in South China 15500-16000 yuan/ton, mainstream transaction price 15300-15500 yuan/ton, down 200 yuan/ton.

    Domestic epichlorohydrin manufacturers have lowered their quotations and partially delayed.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 15,500 yuan/ton (including freight), the first set of 80,000 tons/year equipment is operating normally, and the second The 80,000-ton/year installation has attracted wide attention, and the third 80,000-ton/year installation continues to be shut down.
The contract is the main contract and the shipment is general; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), a single talk, 28,000 The ton/year device is operating normally, the 33,000 ton/year device has been resumed, the sales are stable, and the contract is the main; Xinyue Chemical’s ex-factory price is 15,500 yuan/ton (including freight), and the 3+30,000 ton/year device is operating stably and starts construction Half of them are mainly contracted and high price conflicts; Qilu Petrochemical's ex-factory price is 15,000 yuan/ton (including freight), and the equipment load of 32,000 tons/year is 50%.
Contract-based, normal delivery and walking volume; Yangnong Chemical's ex-factory price is 15,500 RMB/ton (including freight), 3+30,000 tons/year equipment is operating normally, some of which are exported, mostly for self-use; China Shipping Refinery seals, the initial ex-factory price of 9,600 yuan/ton (including freight), 40,000 tons/year of equipment The operation is normal, the load is 60%, and the volume goes with the market; Huaxiang chlor-alkali ex-factory price is 15,500 yuan/ton (including freight), 35,000 tons/year, the plant is operating normally, the load is 50%, the contract is the mainstay, and the supply is with the city; Baling Petrochemical The initial ex-factory price is 17,000 yuan/ton (including freight), and the 32,000 tons/year device runs at full capacity, mainly for self-use, and the market is accompanied by the market; Anbang electrochemical seals, the initial ex-factory price of 6500 yuan/ton (including freight), 2 The 10,000-ton/year unit is operating at low load and no quotation is currently available.

(Our reporter Zhong Huan)

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