Daily Review of Epichlorohydrin: Trending

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 13, 2009: The domestic epichlorohydrin market has slowed down and the market is gradually trending.
On the trading day (May 12) Japan) The mainstream transaction price in East China in the mainstream market is temporarily stable at 8,500 yuan/ton platform.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market trend was stable on that day, but the wait-and-see situation was strong, downstream demand was poor, and the acquisition of goods continued to be cautious.
After the previous sharp dive, the previous day's decline Slowing down, the market stabilized on that day, transactions were limited, and the sluggish demand situation could hardly get better in the short term.
Raw materials propylene and liquid chlorine were still declining.
The market lacked favorable support and continued to operate in a weakened position.
The market was weak and the market began to slow down.
The manufacturers did not make up for the decline that day.
Qilu Petrochemical’s 32,000-ton/year plant was postponed, Zhonghai Jinghua’s 40,000-ton/year plant was shut down for maintenance, and Huaxiang’s 35,000-ton/year chlor-alkali plant was in early June.
Put into production, the rest of the operation situation is still maintained.
The raw material propylene market declined slightly, the negotiated price in Shandong area was 7,200-7300 yuan/ton, the liquid chlorine market continued to weaken, and the negotiated price in Shandong area was 600-700 yuan/ton.
The overall supply of resources was slightly oversupply, and the market lacked favorable support.
It seems that Some parts are still likely to decline.
At present, the decline of domestic epichlorohydrin is temporarily slowing down, but the raw material market is weakly declining, and the downstream epoxy resin is slow to sell.
Under the attitude of buying up and not buying down, wait and see the market, and the market for epichlorohydrin is more cautious.
In short, the market lacks good support, and the market is expected to continue to be weak and consolidate.

    On the previous trading day (May 12), the domestic epichlorohydrin market suspended its downward trend.

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