Epichlorohydrin daily review: the market goes down

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on March 10, 2010: The domestic epichlorohydrin market is down and the atmosphere is sluggish.
On the previous trading day (March 9th), the mainstream transaction price in East China in the mainstream market continued to fall to the range of 15,000 to 15,200 yuan/ton, with a decrease of 200 yuan/ton.
According to the analysis of market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the market’s wait-and-see atmosphere was even stronger on that day.
The party waited for the direction to be further clarified, and the intermediary merchants scattered orders and heard less discussions; the actual market discussion concentrated on the low-end, around 15,000 yuan/ton, and the downstream waited and watched and waited for market news.
There were not many actual discussions and conflicts.
However, the seller’s overall shipment pressure remains relatively high.
The raw material propylene spot market fluctuated and declined.
The Shandong area quoted prices at 9900-10100 yuan/ton, and actual negotiations gradually dropped to 9800-9900 yuan/ton, which is also heard to be lower, mainly due to the impact of imported resources and weak downstream polypropylene demand; another The raw material liquid chlorine is maintained at a high level and the sales are in good condition.
The quotation in Shandong area is gradually pulled to 1600-1700 yuan/ton, and the actual negotiation is 1500-1600 yuan/ton.
The downstream epoxy resin market fluctuates within a narrow range, and the raw material epichlorohydrin has been declining, which puts it under pressure.
The ex-factory price remains but; production and sales are not smooth.
At present, the epichlorohydrin companies have successively lowered the price, but the frequently low prices have put new pressure on the spot market.
Concerned about the receiving situation in the downstream market, it is expected that the weak consolidation of the market will continue.

On the previous trading day (March 9), the domestic market price of epichlorohydrin dropped and continued to fall.
Major manufacturers have positive intentions for shipments, and more downstream are waiting and waiting for directions.
Suppliers are quoting 15500 yuan/ton or below for the first-line market, and the market is following the trend Low-opening, but substantial negotiations are generally limited; manufacturers and intermediate merchants are actively shipping, downstream buying up does not buy down mentality, passive procurement waits for changes, the raw material liquid chlorine is strong, propylene is weak in a narrow range, but the price difference with the ring chlorine market Still large, heavy trading volume awaits manufacturer policy guidance.
It is expected that the spot market will consolidate throughout the week and seek a new balance point.
Affected by the spot callback and the import adjustment, inquiries are scarce and deteriorating in the offshore Northeast Asia, and the market outlook is still likely to fall further.
In short, manufacturers have returned to the market without success and adjusted downwards one after another.
As the supply increased, the call for bearishness became more and more popular.
According to market experts from the China Epoxy Industry Association ( www.
epoxy-e.
cn ), among them: the mainstream quotation in East China is 15000-15500 yuan/ton, the low-end price is reduced by 500 yuan/ton, and the mainstream transaction price is 15000-15200 yuan/ Ton, down 200 yuan/ton; mainstream quotations in Huangshan area 15,000-15500 yuan/ton, low-end down 500 yuan/ton, mainstream transaction price 15,000-15300 yuan/ton, low-end down 200 yuan/ton/high-end down 100 yuan/ Tons; the mainstream quotation in North China is 15000-15500 yuan/ton, the low-end price is reduced by 500 yuan/ton, the mainstream transaction price is 15000-15300 yuan/ton, the low-end price is reduced by 200 yuan/ton/the high-end price is reduced by 100 yuan/ton; the mainstream quotation in South China 15500~16000 yuan/ton, 500 yuan/ton lower for low-end, 15500~15700 yuan/ton, 200 yuan/ton lower for mainstream transactions.

Domestic epichlorohydrin manufacturers have relatively low quotations and partly delayed.
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.
The third 80,000-ton/year installation will continue to be shut down.
The contract is the main contract and the shipment is average; Tianjin Chemical’s ex-factory price is 15,500 yuan/ton (including freight), and the settlement is delayed, 28,000 tons.
/Year equipment is operating normally, 33,000 tons/year equipment has been resumed, sales are stable, and the contract is the main; Xinyue Chemical’s ex-factory price is 15,500 yuan/ton (including freight), down 1,000 yuan/ton, 3+30,000 tons/year The plant is operating stably, with half of the work started, the contract is the main one, and the high price conflicts; Qilu Petrochemical’s ex-factory price is 15,000 yuan/ton (including freight), 500 yuan/ton is lowered, and the equipment load of 32,000 tons/year is 50%, the contract is the main one, and the delivery is normal.
, Follow-up volume; Yangnong Chemical’s ex-factory price is 15,500 yuan/ton (including freight), down 1,000 yuan/ton, 3+30,000 tons/year equipment is operating normally, some of which are exported, mostly for self-use; The ex-factory quotation is 9,600 yuan/ton (including freight), and the 40,000-ton/year device is operating normally, with a load of 60%, and the volume can go with the market; Huaxiang chlor-alkali ex-factory quotation is 15,500 yuan/ton (including freight), and the 35,000-ton/year device is operating Normal, the load is 50%, the contract is the mainstay, and the supply is with the city; Baling Petrochemical’s ex-factory price is 17,000 yuan/ton (including freight), and the 32,000 tons/year device is operating at full load, mainly for self-use, and is available on the market; Anbang electrochemical seals, The initial 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 Xue Shi)

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