Daily review of epichlorohydrin: still stable

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 30, 2009: The domestic epichlorohydrin market remains stable and continues to be weak.
On the last trading day (September 29), the mainstream transaction price in East China in the mainstream market still hovered in the range of 11,200 to 11,400 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market negotiation atmosphere was weak on that day, the negotiation interval was still there, sporadic transactions were the mainstay, and overall shipments were limited.
Trade merchants and the majority of downstream manufacturers, Pay more attention to manufacturers—especially Qilu Petrochemical and Tianjin Chemical Industry—operational dynamics; raw materials propylene and liquid chlorine continue to be weak, and the downstream is still mainly digesting inventory.
The market is strong and the transaction is low.
Some trading businesses are mostly bearish and leave the market.
Gradually increase, the holiday market is expected to run weakly.
On that day, there were few talks, few transactions, a strong wait-and-see atmosphere in the market, and lack of confidence in the business outlook.
The manufacturers’ installations were basically operating smoothly and the market supply was still abundant.
The raw material propylene market is adjusted at a low level.
Manufacturers in Shandong area offer 8,000 to 8,100 yuan/ton, and the transaction is negotiated at around 8,000 yuan/ton.
Refineries in the region have relatively ordinary operations and poor downstream demand.
The market continues to decline; another raw material liquid chlorine market Continued downturn, stricter transportation controls, and a slight increase in manufacturers' inventories.
The negotiated price in Shandong is 1,250 to 1,400 yuan/ton.
The weakness of the raw material market continues, some domestic manufacturers have loosened their shipments, the downstream stocking before the holiday is basically over, and the market wait-and-see atmosphere is strong, and the long holiday will be ushered in a weak consolidation posture.

    On the trading day (September 29), domestic market demand for epichlorohydrin was limited, and shipments were few.

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