Demand increases, price of chlorinated paraffin rises (2.18-2.25)

1、 Price trend

 

According to the commodity data monitoring, the domestic price of chlorinated paraffin rose this week. The average price of chlorinated paraffin 52 was 5133.33 yuan / ton last Thursday, and 5366.67 yuan / ton this Thursday. The price rose by 4.55% in the week.

 

2、 Market analysis

 

Domestic chlorinated paraffin prices rose this week. The overall quotation of paraffin wax market was stable and upward. At present, the ex factory price of chlorinated paraffin 52 in Anhui Province is about 5300-5500 yuan / ton, the ex factory price of chlorinated paraffin 52 in Northeast China is relatively stable, about 5200 yuan / ton, and the ex factory price of chlorinated paraffin 52 in Northwest China is about 5600 yuan / ton.

 

In terms of international crude oil, the US EIA crude oil production expansion demand data for the week to February 19 was 14.1154 million barrels / day, compared with the previous value of 17.7347 million barrels / day. In the week to February 19, crude oil inventory in Cushing, Oklahoma, increased by 2.807 million barrels, while the previous value decreased by 3.028 million barrels. In the week to February 19, EIA crude oil inventories in the United States increased by 1.285 million barrels, while the previous value decreased by 7.258 million barrels, which is expected to decrease by 5.190 million barrels.

 

Liquid wax, liquid wax prices this week more stable, the overall trading atmosphere is good. In terms of liquid chlorine, most markets continued to rise. The mainstream price of liquid chlorine in Jiangsu and Anhui rose to 1100-1300 yuan / ton, the low price of individual enterprises was 900 yuan / ton, and the price of liquid chlorine in Shandong rose to 1100-1200 yuan / ton.

 

In terms of demand, the downstream enterprises have basically started construction, the demand has increased, and the overall trading is good.

 

3、 Future forecast

 

Business community chlorinated paraffin analysts believe that this week chlorinated paraffin overall market trading atmosphere is good, downstream orders have increased. The price of chlorinated paraffin is expected to be strong in the short term.

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