Daily Review of Epichlorohydrin: Trading Deadlock

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 28, 2009: The domestic epichlorohydrin market continues to stalemate as major manufacturers adjust reports and trade.
On the last trading day (August 27), the mainstream transaction price in East China in the mainstream market remained in the range of 10,500 to 10,700 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market remained deadlocked on that day.
There are not many low-cost resources, most of which are core contract users, cost pressures are high, and manufacturers are eager.
The major manufacturer Bohui Chemicals once again pushed up, raising 500 yuan/ton to 11,000 yuan/ton.
The overall market transaction is still not good.
Trading merchants and downstream manufacturers have a strong wait-and-see attitude and low enthusiasm for sourcing.
The raw material propylene market continues to decline.
The mainstream transaction price in Shandong is 8,800 yuan/ton, down by about 100 yuan/ton, and it is expected to maintain a weak operation in the near future; the liquid chlorine market is operating at a high level, and the negotiation level is near 1,000 yuan/ton, which is stable compared to the previous period.
Follow-up manufacturer dynamics still need to be closely watched.
The complementary operation of raw material propylene and liquid chlorine can still support the epichlorohydrin market, but the increase in terminal demand is limited, the epoxy resin market is not performing well, and there is no support for the formation of epichlorohydrin.
It takes time to digest.
At present, the epichlorohydrin market is stable in the upper and lower reaches of Germany, the downstream is gradually accepting new high prices, the negotiation price is slowly increasing, the overall negotiation atmosphere is not much, the transaction volume is general, the downstream is cautious to receive the goods, the buyer overall purchases on demand, and the market is expected to continue to fluctuate in the near future .

    On the last trading day (August 27), the domestic market for epichlorohydrin was lightly negotiated, and the overall market moved up and slightly higher.
It was also heard that the downstream digested inventory and paid close attention to the dynamics of raw materials.

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Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name