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[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 8, 2010: The focus of the domestic epichlorohydrin market is on the rise, oscillating and heating up.
On the last trading day (April 07), the mainstream transaction price in East China in the mainstream market began to form a range of 14,300-14,500 yuan/ton, with an increase of 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market opened higher on the same day, and there were few actual negotiations and transactions.
Petrochemical manufacturers raised their quotations one after another.
Other manufacturers waited and watched the market dynamics.
The quotations were temporarily stable.
Individual quotations were suspended, and market participants were cautious to wait and see.
They were cautiously bullish and did not rush to ship.
The downstream epoxy resin market rose steadily, but the follow-up was relatively slow.
There was no significant improvement in demand and poor trading.
The market continued to rise on that day, mainly supported by domestic manufacturers' rising prices.
Major distributors are still reluctant to sell and wait and see and pay attention to enterprises.
Prices will gradually become clear in April and there are still certain expectations for a further rise in the market outlook.
At present, 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, the international crude oil has risen above US$86/barrel, and some manufacturers in Shandong have increased to 10,300-10,400 yuan/ton, and the actual negotiated price is about 10,200 yuan/ton; 1.
The liquid chlorine market for raw materials is sorted sideways.
The mainstream negotiated price in Shandong is 1800-1900 yuan/ton, and there is little room for short-term fluctuations.
In short, Qilu Petrochemical and Tianjin Chemical led the increase in supplementary adjustments.
It is rumored that other manufacturers still have further follow-up plans.
The short-term market is still cautiously optimistic.
On the trading day (April 07), the domestic epichlorohydrin market fluctuated and warmed up, manufacturers continued to operate in the market, and the focus of negotiations shifted upwards.
Merchants were cautiously bullish, quotations increased, and some manufacturers closed their orders and did not report.
The overall supply of goods is sufficient, and the fluctuation of cost factors is not obvious for the time being.
Buyers' intention to enter the market has increased, but there is not much trading.
In view of the cautiously bullish market conditions, market participants cautiously wait and see the main manufacturers.
Some buyers have bullish expectations, their enthusiasm for entering the market has risen slightly, and suppliers’ quotations have been pushed up in a timely manner; however, the industry’s mentality is also divided, and the spot market supply problems are unpredictable, but the cost support and the early price bottoming process have greatly eased shipments.
Pressure, so the current overall mentality is slightly calm, this week the key lies in the operation of the main manufacturers.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14500-15500 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 14300-14500 yuan/ Tons, increase by 200 yuan/ton; mainstream quotations in Huangshan area are 14500-15500 yuan/ton, low-end prices are increased by 500 yuan/ton, mainstream transaction prices are 14400-14500 yuan/ton, and 200 yuan/ton; mainstream quotations in North China are 14500-15500 yuan/ton RMB/ton, 500 RMB/ton for the low-end, 14300-14400 RMB/ton for the mainstream, RMB 300/ton for the low-end, RMB 200/ton for the high-end; 15000-RMB 16,000/ton for the mainstream price in South China, RMB 15,000/ton for the low-end 500 yuan/ton, the mainstream transaction price is 14800-15000 yuan/ton, 200 yuan/ton upward.
The domestic epichlorohydrin manufacturers remain the main ones, the buyers purchase on-demand as a whole, and the manufacturers' shipments are still moderate.
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), 8+8+80,000 tons/year installation load operation, output Goods are general, contract supply is the main task, and currently the main stable operation; Tianjin Chemical’s ex-factory price is 14,200 yuan/ton (including freight), 28,000 tons/year plant shutdown and maintenance, 33,000 tons/year plant is operating normally, sales are general, and contract-based ; Xinyue Chemical closed the disk, early stage 14,500 yuan/ton (including freight), 3+30,000 tons/year, stable operation, 70% start-up, contract-oriented, and general shipment; Qilu Petrochemical’s ex-factory price was 14,200 yuan/ton (including Freight), 50% of the equipment load of 32,000 tons/year, the contract is the main, the delivery is normal, and the walking volume; Yangnong Chemical suspended the quotation, the early stage is 14,500 yuan/ton (including freight), and the installation is running 3+30,000 tons/year Normal, with a load of 70%, mostly for self-use and small export sales; CNOOC Precision Chemical’s ex-factory price is 14,000 yuan/ton (including freight), and the 40,000-ton/year plant starts smoothly at full load.
It is expected that further follow-up adjustments are expected.
The products are mainly for core users ; Huaxiang’s chlor-alkali seals, early stage 13,500 yuan/ton (including freight), 35,000 tons/year equipment shutdown for maintenance; Baling Petrochemical’s ex-factory price of 15,500 yuan/ton (including freight), 32,000 tons/year equipment is operating normally and under load High, mainly for self-use, with a small amount of external supply; Anbang electrochemical sealing, the pre-factory price of 6,500 yuan / ton (including freight), 25,000 tons / year, the device will be shut down for maintenance again, and the restart time is temporarily unknown.
(Our reporter Zhong Huan)
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