Daily review of epichlorohydrin: temporary finishing

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] December 17, 2009: The domestic epichlorohydrin market is waiting to see and temporarily finishing.
On the last trading day (December 16), the mainstream transaction price in East China in the mainstream market maintained a high level of 14,500-15,000 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the market was mainly consolidating on the day and high-end transactions were limited.
Some manufacturers continued to raise their quotations.
The downstream wait-and-see atmosphere was strong and the market was more cautious, and the market was consolidating at a high level.
Background, strong wait-and-see, buyers are not motivated to enter the market, transactions are not many, cost support is limited, and the market fluctuates within a narrow range.
The raw material propylene market is weak and the market is weak.
The negotiated price in Shandong is 8500 yuan/ton.
The polypropylene market has continued to decline recently, and other downstream raw materials are generally purchased.
In the short term, more attention will be paid to the price trend of polypropylene; the liquid chlorine market is general and the price remains unchanged.
The regional negotiated price is 1600~1700 yuan/ton.
The downstream epoxy resin pressure continues to increase and the market outlook is insufficient.
Some manufacturers say that if the raw materials continue to rise, or there are plans to stop or reduce the load, the current negotiation price in East China is: liquid resin 18500~19000 yuan/ton, solid resin 16500~17000 Yuan/ton, domestic manufacturers have a poor mentality and lack of mentality, and follow-up raw material trends still need to be closely monitored.
Due to the positive impact of the tight supply of consignments, individual domestic manufacturers still intend to increase, but the downstream pressure continues to increase, cost transfer is difficult, and the enthusiasm for raw material procurement is limited.

    On the last trading day (December 16), the domestic epichlorohydrin market was operating at a high level.

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