Daily review of epichlorohydrin: wait and see

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on August 4, 2009: The domestic epichlorohydrin market continues to be sorted out, and the market is lingering.
On the last trading day (August 3), the mainstream transaction price in East China in the mainstream market continued to maintain 9800-9900 yuan/ton, mainly low-end.
According to the analysis of the market experts of the China Epoxy Industry Association (www.
epoxy-e.
cn), the market had strong wait and see, narrow fluctuations, thin trading, and consolidation.
The negotiation level was mainly RMB 9,800/ton, and the spot market resources were still More abundant, the Qilu Petrochemical plant has restarted smoothly and is expected to be sold in the near future.
Tianjin Chemical’s second plant will be temporarily shut down for maintenance.
Since the end of last week, the raw material propylene has been affected by the increase in supply, and Shandong and Northeast regions have slightly weakened.
Merchants offer 8650-8900 yuan/ton, flow talks are near 8750 yuan/ton, and some downstream polypropylene parking devices start at low load, and the market consumption is relatively high.
The former has slightly increased; another raw material liquid chlorine market is weakly consolidating, and the goods are in general.
The negotiation level in Shandong is 800-900 yuan/ton.
The positive support of the raw material market is slightly weak, trading merchants and downstream manufacturers are waiting and watching, the downstream lacks support from the demand, and the market is limited in follow-up.
The market continues to consolidate within a narrow range.
In short, at the beginning of the week, the market was consolidating and the transaction was flat.
Although the raw material propylene has been slightly lowered, the price is still high, and the cost pressure of the ring chlorine manufacturers is relatively high; some manufacturers are still shutting down, and the restart time is to be determined.
Optimistically, once Huaxiang's chlor-alkali production is successfully put into production and the market supply pressure becomes greater, market participants will be cautious in the future, focusing on the acceptance of downstream high-priced sources and manufacturers' actual shipping prices.
 

    On the last trading day (August 3), the domestic epichlorohydrin market was adjusted within a narrow range, affected by the sluggish terminal demand, and at the same time, the thin situation was difficult to change, the factory installations were running smoothly, and the market supply resources were still relatively abundant, but it was the first one at the beginning of the week.

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