Price of chlorinated paraffin decreased (3.19-3.24)

1、 Price trend

 

According to the monitoring data of bulk commodities, the price of chlorinated paraffin dropped within the week. The average price of chlorinated paraffin 52 was 5600 yuan / ton last Friday and 5500 yuan / ton this Wednesday. The price was reduced by 1.79% within the week.

 

2、 Market analysis

 

The domestic price of chlorinated paraffin declined in the week. At present, the ex factory quotation of chlorinated paraffin 52 in Anhui Province is about 5400-5600 yuan / ton, the ex factory quotation of chlorinated paraffin 52 in Northeast China is relatively stable, about 5500 yuan / ton, and the ex factory quotation of chlorinated paraffin 52 in Shaanxi Province is about 5600 yuan / ton.

 

In terms of international crude oil, the price of WTI crude oil futures market in the United States fell sharply on March 23, with the settlement price of the main contract at US $57.76/barrel, down 3.80 US dollars or 6.17%. Brent crude oil futures market prices fell sharply, the settlement price of the main contract was $60.86/barrel, down $3.68 or 5.70%. WTI fell more than 6% on Tuesday, mainly due to concerns about a new round of control measures in Europe and slow progress of vaccine promotion, combined with increased crude oil production.

 

Liquid wax, liquid wax prices this week more stable, the overall trading atmosphere is good. In terms of liquid chlorine, the price of liquid chlorine was not good, and some areas began to conflict with the downstream, and the transaction price fell to 1300-1500 yuan / ton; Shandong liquid chlorine rebounded, and the mainstream price rose to 1600-1700 yuan / ton. In terms of demand, the downstream enterprises have basically started construction, the demand is fair, and the overall trading is average.

 

3、 Future forecast

 

Chlorinated paraffin analysts of business news agency believe that the overall market trading atmosphere of chlorinated paraffin is general. At present, the price of chlorinated paraffin 52 is still at a relatively high level. The downstream takes goods on demand. The shipment of chlorinated paraffin in East China slows down, and the trading in South China is relatively stable. There are regional differences in the ex factory price of chlorinated paraffin. It is expected that the price of chlorinated paraffin will be strong in the short term.

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