Epichlorohydrin daily review: consolidation and upward

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] February 11, 2009: The domestic epichlorohydrin market is consolidating and going up, the mainstream market East China on the trading day (February 10) The mainstream transaction price in the region is still at 7,500 yuan/ton, but the trend is clear.
The market experts of China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the market consolidates and rises on the same day, and the high-end market is on the rise.
The market inquiries are improving, and the offer is mainly 8,000 yuan/ton, and the negotiation is 7,500 yuan.
/Ton is above the upper side, and small order transactions may be slightly higher.
In view of the continued shortage of resources and market participants are more bullish about the market outlook; although the market is up, it is slightly calm, because its trend is as early as expected, but the market’s wait-and-see atmosphere is still strong—— Although resources are limited, low-priced goods are hard to find.
At present, the market is still operating at a high level.
Xinyue Chemical has been shut down for maintenance for a week, resulting in further shortage of resources.
On the other hand, the raw material propylene has been rising all the way.
Affected by cost pressure and resource constraints, the market is pushing up, and buyers are mainly waiting and watching.
Current downstream demand The recovery is still slow, and the market continues to consolidate at a high level, but the volatility is limited.
From the analysis of the upstream comprehensive situation, international crude oil closed down 0.
61 US dollars/ton to 39.
56 US dollars/ton on Monday, and it was still hovering at this level on Tuesday; the raw material propylene continued to rise and continued to jump this week, and the price in Shandong area was 6900-7300 yuan.
/Ton, manufacturers have increased cost pressures and downstream demand is still limited.
Therefore, the market outlook is cautiously wait and see, the market is limited in price fluctuations, and short-term temporary highs are the main focus.
Observing from this background situation, the market outlook for epichlorohydrin is going up sharply, and the possibility does not exist—at least not very much.

On the trading day (February 10), the domestic epichlorohydrin market was running on a wait-and-see, high-end upward movement, with a strong wait-and-see atmosphere and limited transaction scale.
Domestic manufacturers continue to control the start of construction and maintain the offer, and the negotiated price of 7,500 yuan/ton is higher; Xinyue Chemical has stopped for maintenance for a week, and the market is under new pressure because of the tight market.
The price of propylene internal and external disks continues to rise, providing cost support, but from a demand perspective Still weak-downstream consumption is still the key and still attracts attention; the Lantern Festival is the market start-up watershed, buyers and sellers continue to enter the market, manufacturers start slightly better, as the taste of the year diminishes, the atmosphere will slightly improve; currently downstream inventory , Obtain goods cautiously, and wait-and-see the market trend pattern is still strong, external quotations are strong, and importers are cautiously shipping; downstream epoxy resins are limited in start, and the wait-and-see atmosphere is also strong.
Faced with weak market demand, some merchants are cautious in obtaining goods, and pay more attention to the later period.
Market trends, the market is expected to continue to consolidate within a narrow range, with limited volatility.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotation in East China is 8,000 yuan/ton, the low-end price is raised by 500 yuan/ton, and the mainstream transaction price is 7,500 yuan/ton; Huangshan area The mainstream quotation is 8000 yuan/ton, the low-end price is raised by 500 yuan/ton, the mainstream transaction price is 7500-7600 yuan/ton, the high-end price is raised by 100 yuan/ton; the mainstream quotation in North China is 8000 yuan/ton, and the low-end price is raised by 500 yuan/ton, mainstream The transaction price is 7500-7600 yuan/ton, and the high-end price is raised 100 yuan/ton; the mainstream quotation in South China is 8500 yuan/ton, the low-end price is raised 500 yuan/ton, and the mainstream transaction price is 8000 yuan/ton.

Domestic manufacturers’ ex-factory quotations are temporarily stable and the gap is close to 1,500 yuan/ton.
The installation load is still under control.
Some installations have been shut down for maintenance and overall operation has declined.
However, the parking manufacturers are planning to resume production, and the specific time has not yet been determined.
Grasp the raw material factors and make all-out efforts.
The price is supported by the market to push up.
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 8,000 yuan/ton (including freight), one set of 80,000 tons/year is operating normally, and the other two The 8+80,000 ton/year plant will be shut down; Tianjin Chemical’s closure, the initial ex-factory price of 6,500 yuan/ton (including freight), the 28,000 ton/year plant will be shut down on November 21, and the 33 thousand ton/year plant will be shut down on September 15.
The February restart plan remains to be seen; Xinyue Chemical’s ex-factory price is 8,000 yuan/ton (including freight), and the 3+30,000 tons/year unit will be shut down for maintenance on Sunday (February 8); Yangnong Chemical’s ex-factory price is 8,000 yuan/ton ( Including freight), 3+30,000 tons/year device is operating at low load, and 100,000 tons/year epoxy resin device-has been built, is in trial operation-accumulating raw materials; Qilu Petrochemical's ex-factory price is 6,600 yuan / ton (including freight) , The operating load of the 32,000 tons/year device is not high, and maintenance is planned in April; Baling Petrochemical’s ex-factory price is 7500-8,000 yuan/ton (including freight), and the 32,000 tons/year device is operating normally, mainly for self-use, and insufficient export; Anbang Electrochemical’s ex-factory quotation is 6,500 yuan/ton (including freight), and the 20,000-ton/year plant shutdown and maintenance, and the restart time is undetermined; Sandie Chemical lacks quotation, 25,000-ton/year plant is temporarily shut down, product supply related enterprises; Zhonghai Jinghua The 40,000-ton/year plant was completed at the end of last year, and the start-up plan has been delayed repeatedly, and is currently tentatively scheduled for March.

(Our reporter Ruo Hua)

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