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SunSirs: Chlorinated Paraffin Market Deserted Due to Poor Trading in February

March 05 2020 14:01:53     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average domestic factory price of domestic chlorinated paraffin 52 first-class products was 4,933 RMB/ton on February 1, and the average domestic factory price of domestic chlorinated paraffin 52 first-class products was 4,933 RMB/ton on February 29, prices held steady in February. As of now, the chlorinated paraffin commodity index on March 4 was 73.45, which was the same as yesterday, which was a decrease of 32.88% 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 15.04%. (Note: Period refers to 2012-06-01 to now)

 

Analysis review   

Product: Chlorinated paraffin is currently operating at a low level. At present, the quoted price of the first grade of chlorinated paraffin 52 in South China is 4,600-5,400 RMB/ton, the quoted price of the first grade of chlorinated paraffin 52 in North China is 4,600-5,400 / ton, and the quoted price of the first grade of chlorinated paraffin 52 in East China is 5,300 yuan. The ex-factory price of chlorinated paraffin 52 first-class products in central China is about 4,700-5,500 RMB/ton, and the ex-factory price of chlorinated paraffin 52 first-class products in central China is 4,700-5,400 RMB/ton. The quotation of ex-factory grade 52 of chlorinated paraffin in Shandong area is about 4,800-5,500 RMB/ton. The quotation of the first-grade products of chlorinated paraffin 52 in northwest China is about 4,800-5,500 RMB/ton.

Industrial chain: The trend of raw material liquid wax market is stable, downstream enterprises purchase on demand, and the market atmosphere is weak. The liquid chlorine market has improved slightly, transportation has begun to gradually recover, and prices have risen slightly.

Industry: According to the price monitoring of SunSirs, in February 2020, there were 28 kinds of commodities in the chemical sector that rose in the commodity price rise and fall list, of which 5 kinds of goods increased by more than 5%, accounting for 5.7% of the number of goods monitored in this sector ; The top three commodities were sulfur (10.60%), hydrofluoric acid (8.40%), and fluorite (8.05%). There were a total of 48 commodities with a decrease from the previous month, and a total of 27 commodities with a decline of more than 5%, accounting for 31% of the number of commodities monitored in this sector. The top three products were butadiene (-22.76%) and propane (-21.45). %), Hydrogen peroxide (-18.21%). The average monthly increase or decrease was -2.53%.

 

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current chlorinated paraffin market is deserted, orders are scarce, downstream demand has not yet recovered, and the operating rate is not high. It is expected that the price of chlorinated paraffin will remain weak and stable in the later period. It is recommended to pay attention to changes in raw materials and downstream demand.

 

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