Epichlorohydrin Daily Review: Wait and see on the high side

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News on April 2, 2009: The domestic epichlorohydrin market is consolidating at a high level and is running on the sidelines, on the trading day (April 1) The mainstream transaction price in East China in the mainstream market is temporarily maintained at RMB 10,500/ton, and the low-end price is raised by RMB 500/ton/the high-end price is raised by RMB 300/ton.
Market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn) analyzed that the spot market was tight on that day and low-priced goods were hard to find.
Manufacturers mostly quoted 10,500 yuan/ton, and market discussions were also 10,500 yuan/ton.
The market quotation can be as high as 110,000 yuan/ton.
Manufacturers continue to control the start-up load, the products are mainly supplied to contract users, the inventory is limited, and the focus of negotiation has shifted slightly.
The raw material propylene market continues to rise slightly, and liquid chlorine prices are mainly consolidating.
In view of the limited follow-up of downstream epoxy resins, the epichlorohydrin market is expected to stop slightly; the characteristics of the whole day operation are still: low prices are hard to find, strong wait-and-see, wait-and-see The atmosphere is strong and market transactions are limited.
The propylene market rose slightly on that day, and oil prices fell sharply by US$3/barrel.
The low-end propylene market in Shandong continued to rise, while the high-end temporarily stabilized.
The quotation range was 8300-8350 yuan/ton, and the transaction range was 8200-8250 yuan/ton; the liquid chlorine market consolidated today.
Mainly, the ex-factory price is 1200-1300 yuan/ton.
In the downstream market, facing the overall raw materials-epichlorohydrin and bisphenol A-the market is consolidating at a high level.
Epoxy resin continues to rise slightly, and terminal demand is still not significantly improved.
The epichlorohydrin market consolidates within a narrow range and waits and sees at a high level.

    On the last trading day (April 1), the domestic epichlorohydrin market was consolidating.

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