1、 Price trend
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According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 was 6575 yuan / ton on March 7 and 6600 yuan / ton on March 18. The price of chlorinated paraffin 52 increased by 0.38% this week.
2、 Market analysis
This week, the regional difference of chlorinated paraffin 52 price is obvious, and the price rises and falls. Affected by the epidemic situation, the demand for chlorinated paraffin is weak and the downstream operating rate is reduced. The price of chlorinated paraffin in Henan and Shandong decreased, and the market in other regions was stable. As of March 18, the ex factory quotation of chlorinated paraffin 52 in Anhui is about 6800 yuan / ton, that in Shaanxi is about 6800 yuan / ton, that in Northeast is about 6700 yuan / ton, and that in Shandong is about 6100 yuan / ton.
The trend of international crude oil fluctuated this week, with prices rising and falling. On March 17, the price of international crude oil futures rose sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $102.98/barrel, up US $7.94 or 8.35%; The settlement price of the main contract of Brent crude oil futures was US $106.64/barrel, up US $8.62 or 8.79%. Oil prices rebounded sharply after falling continuously.
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In terms of raw liquid wax, the price of liquid wax rose and fell this week, with stable shipment and general trading volume. Downstream manufacturers mainly wait and see. In terms of raw liquid chlorine, the transportation of liquid chlorine was blocked due to the epidemic this week, and the price decreased steadily. At present, the demand for chlorinated paraffin is weak, and the operating rate of enterprises is reduced.
3、 Future forecast
The chlorinated paraffin analyst of business society believes that at present, the cost support of chlorinated paraffin is weakened, the demand side is weak, and the chlorinated paraffin market is weaker. The epidemic broke out in many places in China, and the transportation was affected to a certain extent. It is expected that the chlorinated paraffin market will be dominated by consolidation and operation in the short term.
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