Daily Review of Epichlorohydrin: Temporarily Flat Out

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 24, 2010: The domestic epichlorohydrin market is temporarily flat and the market remains unchanged.
On the last trading day (March 23), the mainstream transaction price in East China in the mainstream market was still in the range of 13,800-14,000 yuan/ton.
According to analysis by market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market went flat on the same day.
The mainstream offer was 14,000 yuan/ton, the mainstream followed slightly, and the downstream procurement on demand and the pace of negotiations were peaceful.
In the short-term, most of them look stable.
The downstream procurement rhythm is slow.
The epoxy resin market is supported by the rising raw material-bisphenol A, and the atmosphere stabilizes.
Epichlorohydrin enters the sideways channel, and the overall operating load does not change.
Large and all-day sideways are the main factors, the spot market supply is loose, and short-term sideways are the main ones.
The production and sales of domestic enterprises are still the main guidelines for the phased market.
Domestic manufacturers adjusted the dust settled, Qilu Petrochemical, Tianjin Chemical delisted, and returned to normal manufacturer prices-all at 13,800 yuan/ton, Bohui Chemical and Xinyue Chemical's quotations were lowered by 1,000 yuan/ton-both to 14,500 yuan/ton , Zhonghai refined the steam shortage, and stopped for a short time.
The upstream propylene spot market has slightly warmed up, and the quotation is slightly higher.
Shandong region raised 50-200 yuan/ton, and the mainstream negotiated price was 9800-9900 yuan/ton; the external market rose by 20 US dollars/ton last week, and the current selling intention in the first and second ten days of April 1310 ~ 1320 US dollars / ton (CFR China main port).
Another raw material liquid chlorine market is firm at a high level.
The mainstream price in Shandong area is 2,000 yuan/ton.
Downstream demand is good and cost pressure remains.
Downstream buying is slightly difficult and the pace of procurement slows down.

    On the last trading day (March 23), the domestic epichlorohydrin market is mostly stable in the short-term.
The inter-factory adjustment price gap is gradually narrowing, and the overall atmosphere tends to ease.
Focus on the production and sales trends of major manufacturers, and market short-term narrow-range consolidation operations.
Downstream on-demand purchases and shipments have a slow pace, and the market is flat and flat.
Manufacturers’ listing policies are gradually cancelled, and merchants’ quotations are mainly low.
The pace of shipments is slow and stable in the short-term; last week, the domestic market turbulence stopped falling and the market was stable, and the end of the weekend The market heats up, and the mentality of buyers and sellers has improved significantly.
Recently, the high levels of raw materials propylene and liquid chlorine have been strong, the cost support of epichlorohydrin has been strengthened, the low price of the market has gradually disappeared, and the recovery of demand and the production and sales of manufacturers are still the focus of recent attention.
The external trading is quiet, and the firm offers are not many.
Some cargoes are offered at US$1,800/ton (CFR China's main port), and market buying intentions are low, below US$1,700/ton (CFR China's main port); Asian propylene raw materials are high , Supported by the cost environment, manufacturers' low prices do not cater to China's intentions; European transactions remain at US$1,420-1,460/ton (FD Northwestern Europe), and spot resources are tight, and they are still rising.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14,000-15,500 yuan/ton, the mainstream transaction price is 13,800-14,000 yuan/ton; the mainstream quotation in Huangshan is 14,000～ 15500 yuan/ton, the mainstream transaction price is 13800-14000 yuan/ton; the mainstream quotation in North China is 14000-15500 yuan/ton, the mainstream transaction price is 13800-14000 yuan/ton; the mainstream quotation in South China is 14500-16000 yuan/ton, the mainstream transaction price 14300～14500 yuan/ton.

    The price adjustment of domestic epichlorohydrin manufacturers has ended, and the short-term is mainly flat, and the stable operation is presided over.
The buyer's overall on-demand procurement and the slow pace of market shipments.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 14,500 yuan/ton (including freight), and 8+8+80,000 tons/year equipment is operating at low load.
Contract-oriented, general shipment; Tianjin Chemical’s ex-factory quotation is 13,800 yuan/ton (including freight), down by 200 yuan/ton, 28,000 tons/year, 33,000 tons/year, the device is operating normally, the load is 80%, the sales are general, the contract Mainly; Xinyue Chemical’s ex-factory price is 14,500 yuan/ton (including freight), 3+30,000 tons/year, the plant is stable in operation, half of the start-up, the contract is mainly, and the shipment is general; Qilu Petrochemical’s ex-factory price is 13,800 yuan/ton (including freight) ), 50% of the equipment load of 32,000 tons/year, contract-based, normal delivery and walking volume; Yangnong Chemical’s ex-factory quoted price is 15,500 yuan/ton (including freight), and 3+30,000 tons/year equipment is operating normally and more For own use; CNOOC Limited’s pre-factory price is 9600 yuan/ton (including freight), 40,000 tons/year of steam shortage, short shutdown, expected to restart on weekends, no supply; Huaxiang chlor-alkali factory price 13,500 yuan/ton (Including freight), the 35,000-ton/year device is operating normally and the load is 50%; Baling Petrochemical’s closed disk, the initial ex-factory price is 17,000 yuan/ton (including freight), the 32,000-ton/year device is operating stably, mainly for self-use, A small amount of external supply; Anbang electrochemical sealing, the pre-factory price of 6,500 yuan / ton (including freight), 20,000 tons / year, low-load operation of the device, temporarily short shipments.

(Our reporter Xi Shu)

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