Daily review of epichlorohydrin: weak market

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 5, 2010: The domestic epichlorohydrin market is lightly traded and the market is weak.
On the last trading day (March 04), the mainstream transaction price in East China in the mainstream market could temporarily stabilize the range of 16,000 to 16,200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market was weak within a narrow range and the market was sluggish.
Recently, the market supply has increased, the bearish atmosphere is pervasive, and high-level transactions are not smooth and support is weak.
The overall investment atmosphere is relatively sluggish.
The downstream epoxy resin production and sales are not smooth, the high level contradicts negative purchases, the uneven market conditions are reproduced, and the short-term is mostly bearish.
Although the market has high hopes for post-holiday recovery, the direction of raw materials is helpless and the downstream production and sales are not smooth.
It is because the downstream load increases slowly and the control is difficult to adjust.
At present, the main raw material propylene is arranged sideways.
With the increase in port arrivals and the weak downstream polypropylene price, there is no lack of weakening and adjustment possibilities in the market outlook; another raw material liquid chlorine market is operating well, with a price of 1,500 to 1,600 yuan/ton in Shandong.
Based on this calculation, the epichlorohydrin industry is still profitable.
The increase in market supply is indisputable.
Downstream purchases are passive and bearish mentality is strong.
Some manufacturers have gradually increased inventory and low-priced shipments in the market.
The rumors of chaotic market conditions all reflect the current market adjustment undercurrents.
In short, the domestic market is permeated with a weakening atmosphere.
The decline in the late management is not strong, but the shadow follows closely.
The overall downstream start-up is relatively slow, there are more inquiries, and the actual availability of goods is few.
The market is bearish and it is more cautious to enter the market.

    On the last trading day (March 04), the domestic epichlorohydrin market was light and weak.
Users consumed more inventory and limited trading.
Weak reorganization was the main reason.
Traders in the industry were cautious and waited and watched.
The quotation was temporarily stable.
The actual price is slightly lower; the downstream is mostly waiting and watching, and the appropriate price is picked up as you use it.
The market is gradually becoming clear.
Although the factory is upping the price, it is difficult for the buyer to accept the firm offer, and the overall volume is not good; downstream production and sales are not smooth, and the market is slightly rising.
For high-level raw material resistance, wait and see, pay attention to raw material prices and their spot trading.
In March, the overall domestic supply increased and the downstream production and sales were not smooth.
The current high price is reluctant to accept.
There are still many inquiries in the market and the buying intention is general.
The use-and-delivery is still the main keynote of the market.
The raw material propylene spot market is stable at the high level, and the external market is also stable; the domestic liquid chlorine market has partially strengthened, and the transaction is at the middle and low end.
Epichlorohydrin in Asia stopped rising and callback, the negotiated price was 1900-1920 US dollars/ton (CFR China's main port); in view of the weak downstream, the rhythm of trading, and the manufacturers' prices and stable prices, epichlorohydrin fluctuated within a narrow range , The market continues, and there is no lack of possible downturns.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 16000-16500 yuan/ton, the mainstream transaction price is 16000-16200 yuan/ton; the mainstream quotation in Huangshan region is 16000～ 16,500 yuan/ton, the mainstream transaction price is 15800-16,000 yuan/ton; the mainstream quotation in North China is 16,000-16500 yuan/ton, the mainstream transaction price is 15800-16,000 yuan/ton; the mainstream quotation in South China is 16500-17,000 yuan/ton, the mainstream transaction price 16500～16700 yuan/ton.

    Domestic manufacturers of epichlorohydrin have adjusted their prices and their ranges have shrunk.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 16,500 yuan/ton (including freight), the first set of 80,000 tons/year is operating normally, and the second The 80,000-ton/year installation has attracted wide attention.
The third 80,000-ton/year installation will continue to be shut down.
The contract is the main contract and the shipment is general; Tianjin Chemical’s ex-factory price is 16,000 yuan/ton (including freight) and 28,000 tons/year installation.
Normal operation, 33,000 tons/year plant continues to shut down, sales are stable, and contract is the priority; Xinyue Chemical’s ex-factory price is 16,500 yuan/ton (including freight), and the 3+30,000 tons/year plant is operating stably and half of the start-up is contracted.
, High price conflicts; Qilu Petrochemical’s ex-factory quotation is 15,500 yuan/ton (including freight), 32,000 tons/year equipment load is 50%, contract-based, settlement is in progress, and accompanying travel; Yangnong Chemical’s ex-factory quotation is 17,000 yuan/ton (including Freight), the 3+30,000 tons/year device is operating normally, some of which are exported, mostly for self-use; China Shipping Fine Chemicals seals the disk, the preliminary ex-factory price is 9600 yuan/ton (including freight), the 40,000 tons/year device is operating normally, and the load is 6 Huaxiang’s chlor-alkali price is resumed, and the price is still 15,500 yuan/ton (including freight).
The 35,000 tons/year plant restarts and the output has been produced.
The contract is the main contract, but a small amount is planned to be supplied; Baling Petrochemical The ex-factory price is 17,000 yuan/ton (including freight), and the 32,000 tons/year device is operating at full capacity, mainly for self-use, with a slight increase in foreign sales; Anbang electrochemical seals, the pre-factory price of 6500 yuan/ton (including freight), 20,000 tons /Year, the device is running at low load, and there is no quotation for the time being.

(Our reporter Lan Xin)

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