Daily Review of Epichlorohydrin: Wait and see temporarily

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 27, 2010: The domestic epichlorohydrin market is temporarily waiting for guidance.
On the last trading day (April 26), the mainstream transaction price in the East China region of the mainstream market was still in the range of 15,800-16,000 yuan/ton for the time being.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), there were many wait-and-sees in the market on that day, and there was a strong willingness to hold prices.
Dealers did not actively offer many orders and waited for directions from manufacturers, and the quotation level moved up.
, A few have reached 16,500 yuan / ton, downstream inquiries are maintained, and transactions are temporarily small; last week, the domestic price quotation accelerated and the external market followed closely.
In May, the cargo offer rose to 2,000 US dollars / ton (CFR China's main port).
The quotations of major domestic manufacturers are expected to recover, what will "surfacing" look like? Market expectations may be slightly higher than the current ones, so sellers are reluctant to sell and have a strong wait-and-see mood.
Recently, the raw material propylene fluctuated weakly, and the high level of liquid chlorine remained strong.
The overall market mentality is relatively cautious and optimistic.
The overall resource volume of the current cargo is slightly tight.
The external disk has risen for 4 consecutive weeks and it is difficult to replenish the low level.
As the center of gravity of the spot price continues to rise, the market is expected to increase the expectation of major manufacturers; the current domestic supply and demand level is still the key to determining the market trend.
However, the manufacturer's production and sales policy is even more a guide to the wind.
Given that most of the manufacturers are closing the market, it is expected to push up the price.
In short, while the market waits and sees and waits for the manufacturer's policy to be clear, there are not many intermediaries who take the initiative to offer, and it is difficult to find low-priced goods in the market.

On the last trading day (April 26), the domestic epichlorohydrin market is strong and waiting for manufacturers.
At present, the low-price supply is still difficult to find.
The raw materials are arranged sideways.
Among them, propylene shows signs of weakness.
Further attention is needed in the follow-up.
Supply and demand are still It is the key to dominate the spot trend and maintain the short-term high market.
The market is still characterized by a "strong atmosphere".
The main manufacturers continue to close the market without reporting, the intermediate merchants are reluctant to sell at low prices, and the supply is short-lived.
The downstream digests the preliminary inventory and waits for the market to gradually become clear.
Part of the moderate price purchases to cover the warehouse to maintain production.
In view of the fluctuation of international crude oil, the propylene market has been adjusted within a narrow range, and the spot market has been stable and slightly weak; the liquid chlorine market has stabilized at a high level and consolidated in the short-term.
The market is mainly pushed up, and negotiations continue to rise.
Higher prices cannot be ruled out; the spot supply is slightly tight, the factory intends to control, the merchants are reluctant to sell, and the pace of shipments is controlled.
The downstream is under greater pressure and it is difficult to find goods at low prices.
, The transaction is weak, the market is mainly pushed up, and the dynamics of the main manufacturers remain to be clarified.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 16000-16500 yuan/ton, the high-end price is raised by 500 yuan/ton, and the mainstream transaction price is 15800-16000 yuan/ton.
; The mainstream quotation in Huangshan area is 16000-16500 yuan/ton, the high-end price is raised by 500 yuan/ton, the mainstream transaction price is 15900-16000 yuan/ton; the mainstream quotation in North China is 16000-16500 yuan/ton, the high-end price is raised by 500 yuan/ton, the mainstream transaction price 15800~16000 yuan/ton; mainstream quotations in southern China are 16500~17000 yuan/ton, high-end prices are raised by 500 yuan/ton, and mainstream transaction prices are 16300-16500 yuan/ton.

    Most of the domestic epichlorohydrin manufacturers have closed the market, but it remains to be clarified.
They are mainly bullish and are expected to go up again as a whole.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), including: Bohui Chemical’s sealing, the pre-ex-factory price of 15,500 yuan/ton (including freight), 8+8+80,000 tons/year installation Operation maintenance and start-up have attracted wide attention, contract supply is the main focus, and shipments are normal; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), 2.
8+33,000 tons/year, the plant is operating normally, sales are general, and the contract is the main; Xinyue Chemical closing, the pre-factory price of 15,500 yuan/ton (including freight), 40,000 tons/year, stable operation, half load, contract-based, low inventory; Qilu Petrochemical’s ex-factory price of 15,500 yuan/ton (including freight), 3.
2 The equipment load of 10,000 tons/year is 50%, the contract is mainly, the delivery is normal, and the inventory is limited; Yangnong Chemical closed the disk, the early ex-factory price was 15,000 yuan/ton (including freight), and the 3+30,000 tons/year device was operating normally and the load Seventy percent, mostly for self-use and not large export sales; CNOOC Limited’s ex-factory quotation is 14,000 yuan/ton (including freight), and the 40,000-ton/year plant starts smoothly at full load and 70% of the load.
The pre-contract and core users are Main; Huaxiang’s chlor-alkali seal, ex-factory price of 15,000 yuan/ton (including freight), 35,000 tons/year, normal operation of the plant, steady start-up, average sales, and shipping; Baling Petrochemical’s ex-factory price of 16,000 yuan/ton (including freight) ), the 32,000 tons/year device is operating normally, the load is high, it is mainly for self-use, and a small amount of external supply; Anbang electrochemical seals, the pre-factory price is 6,500 yuan/ton (including freight), and the 25,000 tons/year device is shut down for maintenance again , The restart time is unknown.

(Our reporter Ruo Hua)

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