Daily Review of Epichlorohydrin: Weak Operation

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 19, 2010: The domestic epichlorohydrin market is operating weakly and the market is temporarily stable.
On the last trading day (March 18), the mainstream transaction price in East China in the mainstream market continued to hover in the range of 13,600-14,000 yuan/ton.
The market experts of China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market atmosphere on that day was still ordinary, with mainstream offers of 14,000 yuan/ton, and actual transaction widths lower, and downstream users were more cautious and wait-and-see.
Purchasing, in view of the current market supply and demand conditions, downstream and intermediate merchants and the market outlook are still cautious, but there are signs of stabilization during the week.
The raw materials are firm to build the foundation for production and the bottom of the market.
The overall operating load of the installation is relatively stable, and the output of each plant is relatively stable.
Whether it is balanced or not remains to be further observed.
In the near future, we will continue to pay attention to the high volume of market transactions and the price guidance of manufacturers.
At the same time, the external market has fallen sharply.
The spot price has fallen by US$100/ton in the early stage, and has reached US$1,700 to US$1,850/ton (CFR China's main port).
The buying intention is slightly lower than US$100/ton, and there are few discussions.
.
The raw material propylene market spot is arranged sideways, and the negotiated price in Shandong area is 9800-9900 yuan/ton; another raw material liquid chlorine market is strong, the mainstream price in Shandong area is 2,000 yuan/ton, downstream demand is stable, and the mentality is cautiously optimistic.
Downstream epoxy resins continue to fluctuate and weaken, the negotiated prices of solid resins and liquid resins have been lowered, demand is weak, passive procurement, and epoxy resin shipments are flat.
The epichlorohydrin market gradually became clear this week.
As the downstream mentality gradually eases, the market is expected to shift to a narrow range.

    On the last trading day (March 18), the domestic epichlorohydrin market has been in a small decline and partially recovered.
Concerned about the start of the factory and the downstream heavy volume, some manufacturers settled 14500 yuan/ton in the early stage, and many suspended orders and continued to postpone settlement.
The enthusiasm for downstream procurement is weak, individual tentative inquiries and not many transactions.
There is still some downside in the short term, but the decline has slowed down.
Market participants are cautiously waiting and demanding more goods.
Short-term sellers have slightly increased interest in entering the market, focusing on inventory digestion, production and sales, and short-term narrow-range consolidation is expected.
As attention heats up and the trend slows down, the cost of raw materials as a whole gradually rises, and the atmosphere tends to ease.
In particular, the low output and heavy volume of manufacturers have decreased.
Buyers have waited and watched from the early stage and switched to appropriate purchases.
The quotations are still uneven, and the short-term futures source supply pressure is still in.
The raw material propylene spot market is trading sideways, and the external price has risen sharply by US$30/ton to US$1280/ton FOB.
It is expected that the downstream market will generally remain weak and the market stalemate will continue; the other raw material liquid chlorine market is still strong, downstream demand is stable, and the attitude is cautious.
optimism.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 14,000-15,500 yuan/ton, the mainstream transaction price is 13,600-14,000 yuan/ton; the mainstream quotation in Huangshan region is 14,000-15500 RMB/ton, mainstream transaction price is 13600~14000 RMB/ton, high-end price increase is 200 RMB/ton; mainstream quotation in North China is 14000~15500 RMB/ton, mainstream transaction price is 13600~14000 RMB/ton, high-end price is increased by RMB 200/ton; South China The regional mainstream quotations are 14500-16000 yuan/ton, and the mainstream transaction prices are 14100-14500 yuan/ton.

    Domestic epichlorohydrin manufacturers have adjusted their quotations and the actual prices are low.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 15,500 yuan/ton (including freight), the first set of 80,000 tons/year equipment is operating normally, and the second The 80,000-ton/year installation has attracted wide attention, and the third 80,000-ton/year installation continues to be shut down.
The contract is the main contract and the shipment is general; Tianjin Chemical’s ex-factory price is 14,000 yuan/ton (including freight), and the settlement is delayed, 28,000 tons.
/Year equipment, 33,000 tons/year equipment is operating normally, the load is 80%, sales are general, and the contract is mainly; Xinyue Chemical’s ex-factory price is 15,500 yuan/ton (including freight), 3+30,000 tons/year, the equipment is operating stably and half of the start-up , The contract is the main and the shipment is general; Qilu Petrochemical’s ex-factory quotation is 14,000 yuan/ton (including freight), down 1,000 yuan/ton, 32,000 tons/year equipment load 50%, contract-based, normal delivery, and walking volume; Yangnong Chemical’s ex-factory price is 15,500 yuan/ton (including freight), and the 3+30,000 tons/year plant is operating normally, some of which are exported, mostly for self-use; Zhonghai refined and closed the disk, and the previous ex-factory price was 9600 yuan/ton (including freight).
The 40,000-ton/year device is operating normally, and the load is 60%, and the volume goes with the market; Huaxiang's chlor-alkali ex-factory price is 14,000 yuan/ton (including freight), and the price is reduced by 1,500 yuan/ton.
The 35,000-ton/year device is operating normally and the load is 50%.
, The contract is the main and the supply is with the city; Baling Petrochemical closed the disk, the preliminary ex-factory price was 17,000 yuan/ton (including freight), the 32,000 tons/year plant operation stabilized, mainly for self-use, and the market was accompanied by the market; Anbang electrochemical closed the disk, the early stage The ex-factory price is 6,500 yuan/ton (including freight), and the 20,000-ton/year device is operating at low load.
No quotation is currently available.

(Our reporter Lan Xin)

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