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SunSirs: lack of positive chlorinated paraffin rose weakness (3.9-3.16)
March 17 2020 14:29:42SunSirs(Molly)

1. Price trend

According to the monitoring data of SunSirs, the average domestic ex-factory price of domestic chlorinated paraffin 52 first-grade products was 4,933 yuan / ton on March 9, and the average domestic ex-factory price of domestic chlorinated paraffin 52 first-class products was 4,950 yuan / ton on March 16, and the price rose slightly. As of now, the chlorinated paraffin commodity index on March 16 was 73.70, which was the same as yesterday, which was a decrease of 32.65% from the highest point of the cycle at 109.43 points (2013-12-03) and an increase of 63.85 points from the lowest point on September 26, 2016. Up 15.43%. (Note: Period refers to 2012-06-01 to present)

2. Market analysis

Product: At present, the chlorinated paraffin companies have resumed work. The quotation price of chlorinated paraffin 52 in Jiangsu region is 4600-5000 yuan / ton, the quotation of chlorinated paraffin 52 in Hebei region is 3700-4500 yuan / ton, and the quotation of chlorinated paraffin 52 in Henan region is 4000-5300 yuan / ton. The quotation of chlorinated paraffin 52 in Northeast China is 4300-5300 yuan / ton. The quotation of chlorinated paraffin 52 in Shandong area is about 3800-4800 yuan / ton. The quotation of chlorinated paraffin 52 in Northwest China is about 4800-5500 yuan / ton.

Industry chain: The price of raw material liquid waxes is stable, the market is mainly stable, the demand is not good, and the goods just need to be picked up. Prices in some areas of the liquid chlorine market have risen, prices in many areas have been balanced, and demand has not changed. Chlorinated paraffin downstream companies have gradually resumed their operations and are operating at low load.

International crude oil: On Monday (March 16), WTI April 2020 futures of $ 28.70 per barrel fell $ 3.03, Brent May 2020 futures of $ 30.05 per barrel fell $ 3.80. The main contract of China's SC crude oil futures in 2005 fell 4.3 yuan / barrel to 256.2 yuan / barrel.

Industry: According to the price monitoring of the business agency, in the 10th week of 2020 (3.9-3.13), the commodity price rise and fall of the commodity sector in the chemical sector increased by 11 categories, of which 3 increased by more than 5%, accounting for 3 The number of commodities monitored was 3.4%; the top three commodities were ammonium chloride (17.14%), liquid ammonia (11.43%), and sulfur (7.18%). There were a total of 40 kinds of goods that fell month-on-month, and a total of 14 kinds of goods that fell by more than 5%, accounting for 16.1% of the number of monitored products in this sector; the top three products were PX (-11.29%), OX (-10.71%) , Acetone (-10.26%). This week the average rise and fall was -1.5%.

3. Market forecast

SunSirs chlorinated paraffin analysts believe that the current chlorinated paraffin market is deadlocked. Costs have increased, downstream companies have increased operating rates, and demand for chlorinated paraffins has been poor. It is expected that the market situation of chlorinated paraffin in the later period will be mainly stable.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

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