Chlorinated paraffin prices firm ahead of holidays (2.1-2.5)

1、 Price trend

 

According to the monitoring data of bulk commodities, the domestic price of grade 52 chlorinated paraffin was stable this week. This week, the average ex factory price of domestic chlorinated paraffin 52 grade I products was 5133.33 yuan / ton.

 

2、 Market analysis

 

This week, the price of chlorinated paraffin 52 was stable. The overall quotation of paraffin wax market is firm. At present, the operation rate of the whole plant in Shandong Province is about 50%, while the chlorinated paraffin plants in Hebei and Henan provinces are shut down. At present, the ex factory price of grade 52 chlorinated paraffin in East China is about 4900-5100 yuan / ton, that of grade 52 chlorinated paraffin in Northeast China is about 5200 yuan / ton, and that of grade 52 chlorinated paraffin in Northwest China is about 5200 yuan / ton.

 

In terms of international crude oil, the price of WTI crude oil futures market in the United States fell on January 21, with the settlement price of the main contract at US $53.13/barrel, down US $0.18. Brent crude oil futures market prices rose, the settlement price of the main contract at 56.10 U.S. dollars / barrel, or 0.02 U.S. dollars. Crude oil WTI fell slightly on Thursday after data showed an unexpected increase in U.S. crude oil inventories last week, which made the market worried about slowing fuel demand and expected to rekindle. Meanwhile, U.S. stimulus measures were expected to limit price decline.

 

Liquid wax, liquid wax prices more stable this week, the overall trading atmosphere is light and stable. In terms of liquid chlorine, the market price of Jiangsu liquid chlorine ranges from 600-1100 yuan / ton. The delivery of liquid chlorine by most enterprises in Shandong has improved, and the quotation of some enterprises in Shandong is 1150-1250 yuan / ton.

 

In terms of demand, as the Spring Festival holiday approaches, downstream enterprises are basically on holiday, and the overall trading atmosphere is general.

 

3、 Future forecast

 

Business analysts believe that near the Spring Festival holiday, downstream enterprises basic holiday, the overall trading atmosphere is general. The output of chlorinated paraffin kept low and the inventory kept low. The price of chlorinated paraffin is expected to be strong before the festival.

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