On November 6, the market demand for chlorinated paraffin was insufficient and the rise was weak

I. price trend

According to the monitoring data of business agency, the market price of domestic chlorinated paraffin was stable on November 6. On November 6, the average ex factory price of grade 52 domestic chlorinated paraffin was 5200 yuan / ton, which was the same as that of yesterday.

 

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II. Market analysis

 

Products: at present, the ex factory price of grade I product of chlorinated paraffin 52 in South China is 4600-5300 yuan / ton, the ex factory price of grade I product of chlorinated paraffin 52 in North China is 4500-5500 yuan / ton, the ex factory price of grade I product of chlorinated paraffin 52 in East China is 5000 yuan / ton, the ex factory price of grade I product of chlorinated paraffin 52 in Central China is 5000-5500 yuan / ton, and the ex factory price of grade I product of chlorinated paraffin 52 in Northeast China is 5000-5500 yuan / ton 。 The ex factory quotation of grade I chlorinated paraffin 52 in Shandong Province is about 5000-5500 yuan / ton. The ex factory quotation of grade I chlorinated paraffin 52 in Northwest China is about 5000-5500 yuan / ton.

 

Industrial chain: the price range of raw materials market fluctuates in the near future. The upstream liquid wax delivered smoothly, and the price of liquid chlorine was adjusted and increased in some regions. The demand side is not favorable for the time being.

 

Industry: according to the price monitoring of the business agency, in October 2019, there were 20 kinds of commodities rising month on month in the list of commodity price rise and fall in the chemical industry sector, including 8 kinds of commodities rising by more than 5%, accounting for 9.5% of the number of commodities monitored in the sector; the top three commodities were hydrogen peroxide (25.36%), epichlorohydrin (25.33%) and sulfur (19.54%) There are 56 kinds of commodities falling on a month on month basis, 29 kinds of commodities falling by more than 5%, accounting for 34.5% of the number of commodities monitored in this sector; the top three products falling are nitric acid (- 30.41%), butadiene (- 19.30%) and acetic acid (- 18.84%). This month’s average price was – 2.82%.

 

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III. future forecast

 

According to analysts of chlorinated paraffin from business association, the market price of domestic chlorinated paraffin 52 is stable. Downstream enterprises are not active in purchasing goods and need to purchase more. At present, the market has no good support, and the weak market continues. It is expected that the weak market of chlorinated paraffin will be dominated in the later stage

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