Daily review of epichlorohydrin: the market is down

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 14, 2010: The domestic market for epichlorohydrin has declined and the atmosphere has declined.
On the last trading day (May 13), the mainstream transaction price in the mainstream market in East China began to reach 17,000 yuan/ton on a single platform, and the high-end price was reduced by 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trading atmosphere on that day was still deserted.
The downstream factories had a strong wait-and-see atmosphere and little purchasing intentions.
There was not much market trading and the negotiated price moved down.
, Due to downstream passive purchases and the slow pace of market shipments, some offers fell slightly at the same time, and actual transaction prices fell further.
Sideways weak rationale and high volume shrinkage have become the main characteristics of the current market.
Spot fluctuations continue in a narrow range.
Most downstream products consume inventory and continue to wait and see.
The supply of intermediate links is slow.
The short-term maintenance of equipment is good.
The negative atmosphere for hedging bulk chemicals is suppressed, and the short-term market The fluctuation space is limited.
International crude oil fluctuates within a narrow range and has a limited correction after a deep decline.
The overall market mentality is still not good; the raw material propylene market has further weakened, and the Shandong region is surprised to see a low price of 9,750 yuan/ton, and mainstream negotiations have dropped to 9,800-9900 yuan/ton.
The short-term market mentality is not very optimistic; the liquid chlorine market is trading sideways and the surrounding areas are weak.
The mainstream negotiation in Shandong area is 1,200 to 1,400 yuan/ton, and it is difficult for short-term breakthroughs to appear.
At present, the market outlook is not clear, and the spot wait-and-see atmosphere is relatively strong.
Buyers and sellers are stalemate and confrontation in a short-term.
It is expected that within the week, they will focus on consolidation and pay close attention to manufacturer prices, production and sales.

    On the previous trading day (May 13), the domestic market for epichlorohydrin weakened and prices weakened, related products were weakly consolidating, downstream consumption of high-cost inventory, the wait-and-see atmosphere increased, the overall trading rhythm slowed down, and the negotiation prices temporarily stalemate.
Level; the weak consolidation of bulk commodities has spread to negative effects, the downstream is negatively waiting and watching, the pace of raw material procurement has slowed down, bisphenol A and epichlorohydrin are synchronized-turning down and fluctuating.
The market mentality is depressed, merchants are actively shipping, the outlook for debt problems in the euro area is unpredictable, international crude oil is under pressure, the raw material of epichlorohydrin is weak, the downstream cautious wait-and-see is increasing, the spot fluctuations are weakening, and the pace of market volume slowing down.
However, major manufacturers have continued to perform maintenance, and the supply side may form support.
It is expected that the short-term narrow-range fluctuations will be the main ones, and the latest production and sales of manufacturers will be concerned.
At present, the propylene spot market is weak, and the surrounding northwest and northeast regions are weak; the liquid chlorine market is weak and short-term wait-and-see.
The main downstream areas are under-operated and limited in demand, but the short-term reversal may not be significant.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 17,000-17,500 yuan/ton, the mainstream transaction price is 17,000 yuan/ton, and the high-end price is reduced by 200 yuan/ton; Huangshan The mainstream quotation in the region is 17000-17500 yuan/ton, the mainstream transaction price is 17000-17200 yuan/ton; the mainstream quotation in North China is 17000-17500 yuan/ton, the mainstream transaction price is 16800, and the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China is 17500～18000 Yuan/ton, the mainstream transaction price is 17,500 Yuan/ton, and the high-end price is lowered by 200 Yuan/ton.

    Domestic epichlorohydrin manufacturers maintain their quotations and continue to overhaul them.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 17,500 yuan/ton (including freight), 8+8+80,000 tons/year equipment is maintained, and some The start of construction is low, and it will be shut down for repairs from May 12 to 18, and the contract supply is the main one.
No orders will be received temporarily; Tianjin Chemical's ex-factory price is 17,000 yuan/ton (including freight), and the installation of 28+33,000 tons/year will be shut down on 11-16 days.
Overhaul, it is expected to resume and restart in the middle of next week; Xinyue Chemical's ex-factory price is 17,500 yuan/ton (including freight), 40,000 tons/year is stable, the load is half, the contract is mainly, the inventory is not high; Qilu Petrochemical's ex-factory price is 17,000 yuan/ Tons (including freight), 50% of the equipment load of 32,000 tons/year, mainly contracted, normal delivery, limited inventory; Yangnong Chemical closed the disk, the initial ex-factory price of 15,000 yuan/ton (including freight), 3+30,000 tons /Annual equipment load is 70%, planned maintenance in mid-May for 7-10 days, mostly for self-use, not for export; China Shipping Precision Sealing, ex-factory quotation is 14,000 yuan/ton (including freight) in the early stage, and 40,000 tons/year is fully equipped The load starts smoothly, the load is 80%, pre-contracted, and core users are the main ones; Huaxiang chlor-alkali ex-factory price is 16,500 yuan/ton (including freight), 35,000 tons/year, the plant is operating normally, 70% is started, the sales volume is average, and the cargo is on-the-go; Pakistan The ex-factory price of Ling Petrochemical is 17,500 yuan/ton (including freight), and the 32,000 tons/year plant is operating normally, the load is high, and it is mainly for self-use, with a small amount of external supply; Anbang electrochemical seals, the pre-factory price of 6,500 yuan/ton (including freight ), the 25,000-ton/year plant continues to shut down and the restart time is unknown.

(Our reporter Xi Shu)

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