1、 Price trend
According to the monitoring data of business association, the price of chlorinated paraffin is stable after the Spring Festival, and the average ex factory price of chlorinated paraffin on February 13 is 4933. Up to now, the commodity index of chlorinated paraffin on February 13 is 73.45, which is the same as yesterday, 32.88% lower than the highest point of 109.43 (2013-12-03), and 15.04% higher than the lowest point of 63.85 on September 26, 2016. (Note: cycle refers to 2012-06-01 to now)
2、 Market analysis
Product: at present, most chlorinated paraffin enterprises have not started work due to the impact of the epidemic. The ex factory price of grade I chlorinated paraffin 52 in South China is 4600-5400 yuan / ton, the ex factory price of grade I chlorinated paraffin 52 in North China is 4600-5400 yuan / ton, the ex factory price of grade I chlorinated paraffin 52 in East China is 5200 yuan / ton, the ex factory price of grade I chlorinated paraffin 52 in Central China is 4700-5500 yuan / ton, and the ex factory price of grade I chlorinated paraffin 52 in Northeast China is 4700-5500 yuan / ton. The ex factory quotation of grade I chlorinated paraffin 52 in Shandong Province is about 4800-5500 yuan / ton. The ex factory quotation of grade I chlorinated paraffin 52 in Northwest China is about 4800-5500 yuan / ton.
Industry chain: the market price of raw material liquid wax remained stable, with few transactions, the market atmosphere was weak and cold, and the market was not volatile. Affected by the epidemic situation, the raw material liquid chlorine market was blocked from construction, the price remained stable for the time being, and the surrounding supply was temporary.
Industry: according to the price monitoring of the business agency, there are five kinds of commodities in the list of rise and fall of bulk commodity prices in the fifth week of 2020 (2.3-2.7). The top three commodities are isopropanol (1.47%), 1,4-butanediol (0.82%) and butanone (0.76%). There are 25 kinds of commodities falling on a month on month basis, with 3 kinds of commodities falling by more than 5%, accounting for 3.5% of the number of commodities monitored in the sector; the top 3 products falling are ox (- 7.94%), PX (- 6.67%) and glycol (- 6.47%). This week’s gains and losses were – 0.64%.
3、 Future forecast
According to analysts of chlorinated paraffin in business association, due to the impact of the epidemic, many enterprises have shut down their installations, and the demand side has not improved, with manufacturers mainly stabilizing prices. It is expected that in the later stage, the chlorinated paraffin market will continue to be weak, with light operation as the main trend. It is suggested to pay attention to the change of logistics and demand.