Daily review of epichlorohydrin: the main stalemate

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on June 5, 2009: The domestic epichlorohydrin market continues to be weak and stalemate.
On the last trading day (June 4), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 8,800 to 9,000 yuan/ton.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), buyers and sellers in the market were in a stalemate on that day, negotiations were still light, downstream demand was sluggish, the wait-and-see atmosphere was strong, the market was tepid, and the market started.
Stalemate.
The raw material market is fluctuating, terminal demand is sluggish and difficult to change.
The overall transaction is limited and buyers are still waiting.
Some trading merchants and downstream users are waiting for the restart of Qilu Petrochemical equipment and watching the market trend.
The situation of weak consolidation is difficult to change.
The fundamentals of the market have not changed much, and discussions have been sluggish.
Crude oil supported the market and propylene rebounded slightly, which was favorable for support.
Individual merchants were incentivized to increase growth.
However, downstream demand was relatively sluggish and the market showed a slight lack of momentum.
The raw material propylene market is consolidating.
The Shandong region refers to 6400-6500 yuan/ton, and the refinery starts stable and the wait-and-see atmosphere is strong; the liquid chlorine market price trend is stable, and the Shandong region refers to 900 yuan/ton.
Recently, the epichlorohydrin market is weak and the consolidation is the main cause, and the weak terminal demand hinders the market's improvement.
Downstream manufacturers have low operating load, and their demand for raw materials has been significantly reduced.
In short, the market is weak, the atmosphere is sluggish, the supply of goods is relatively sufficient, and the negotiations are average.
The downstream start-up is not high, there is still a certain amount of inventory, the receiving of goods is not very active, and the transaction is light, and market participants have less confidence in the market outlook.

    On the last trading day (June 4), the domestic epichlorohydrin market remained weak, the downstream demand was sluggish, the self-pickup price was slightly lower, the delivery was slow, the transaction was not good, the wait-and-see atmosphere was still strong, the weak market remained stable, and the transaction was average .

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