1、 Price trend
According to commodity data monitoring, the price of chlorinated paraffins rose this week. At the beginning of the week, the average price of chlorinated paraffin 52 was 5533.33 yuan / ton, and at the end of this week, the average price was 5660 yuan / ton. The price rose by 1.2% in the week
2、 Market analysis
Domestic chlorinated paraffin prices rose this week. Affected by the price difference of raw materials, there are regional differences in the ex factory price of chlorinated paraffin, and the price of paraffin market rises and falls with each other. At present, the ex factory quotation of chlorinated paraffin 52 in Anhui Province is about 5400-5800 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 Hebei Province is about 4900-5600 yuan / ton. The price of chlorinated paraffin 52 in Shandong Province is about 5200-5000 yuan / ton.
In terms of international crude oil, the price of WTI crude oil futures market in the United States fell sharply on March 18, with the settlement price of the main contract at US $60.06/barrel, down 4.57 US dollars or 7.07%. Brent crude oil futures market prices fell sharply, the settlement price of the main contract at 63.03 U.S. dollars / barrel, down 4.97 U.S. dollars or 7.30%. WTI and Brent oil prices both fell by more than 7% on Thursday. At present, they have fallen for five consecutive trading days, mainly due to the slowdown of vaccination in Europe, which depresses the momentum of economic recovery, the strong US dollar and the increase of US crude oil inventory.
Liquid wax, liquid wax prices this week more stable, the overall trading atmosphere is good. In terms of liquid chlorine, the market price of liquid chlorine has been reduced. The price of liquid chlorine in Anhui is 1800-1900 yuan / ton; the price of liquid chlorine in Shandong is about 1700-1900 yuan / ton; the price of liquid chlorine in Northeast is about 1700-1900 yuan / ton; the price of liquid chlorine in Hebei is about 1800-1900 yuan / ton. In terms of demand, the downstream enterprises have basically started operation, the demand is fair, and the overall trading atmosphere is general.
3、 Future forecast
Chlorinated paraffin analysts of the business community believe that the overall market trading atmosphere of chlorinated paraffin this week is general. At present, the price of chlorinated paraffin 52 is still at a relatively high level. The downstream takes the goods on demand. The wait-and-see mood is obvious. Individual manufacturers are blocked in shipping. There are regional differences in the ex factory price of chlorinated paraffin. The price of raw material liquid chlorine is high with strong support. It is expected that the price of chlorinated paraffin will be strong in the short term.
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