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SunSirs: Both Supply and Demand of Domestic Chlorinated Paraffin Were Weak in November

December 04 2019 10:56:48     SunSirs (John)

Price trend

According to the data of SunSirs, the average domestic ex-factory price of domestic chlorinated paraffin 52 first-class products was 5,166 RMB/ton on November 1, and the average domestic ex-factory price of domestic chlorinated paraffin 52 first-class products was 5,066 RMB/ton on November 30, the price fell 1.94 %. As of now, the chlorinated paraffin commodity index on December 2 was 75.43, which was the same as the previous day, which was a decrease of 31.07% 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 18.14%. (Note: Period refers to 2012-06-01 to now)

 

Analysis review        

Product: At present, the quoted price of the first grade of chlorinated paraffin 52 in South China is 4500-5500 RMB/ton, the quoted price of the first grade of chlorinated paraffin 52 in North China is 4,500-5500 RMB/ton, and the quoted price of the first grade of chlorinated paraffin 52 in East China is 5,200 RMB. The ex-factory price of first-grade products of chlorinated paraffin 52 in central China is about 4700-5500 RMB/ton, and the first-grade products of chlorinated paraffin 52 in northeast China are about 4800-5500 RMB/ton. Chlorinated paraffin 52 first grade products in Shandong area are priced at about 4,800-5500 RMB/ton. The quotation for the first grade of chlorinated paraffin 52 in the northwest region is about 4800-5500 RMB/ton.

Industrial chain: On Monday (December 2), WTI's January 2020 futures rose $0.79 per barrel at $55.96, while Brent's February 2020 futures rose $0.43 per barrel at $60.92. The main contract of China SC crude oil futures in 2001 fell 6.0 to 456.1 RMB / barrel. The liquid wax market price has remained stable, and mainstream manufacturers have maintained steady shipments, and are now in a low and stable period.

Industry: According to the price monitoring of SunSirs, in November 2019, there were 21 kinds of commodities in the chemical sector that rose in the commodity price rise and fall list, of which 8 kinds of goods increased by more than 5%, accounting for 9.4% of the number of goods monitored in this sector ; The top three commodities were hydrochloric acid (67.31%), acetone (36.29%), and isopropanol (26.96%). There were a total of 58 commodities with a decrease from the previous month, and 18 commodities with a decline of more than 5%, accounting for 21.2% of the number of commodities monitored in this sector. The top 3 products were epichlorohydrin (-31.74%), aniline (- 19.11%), caustic soda (-18.56%). The average monthly increase or decrease was -1.05%.

 

Market outlook

Chlorinated Paraffin Analyst believes that the current domestic chlorinated paraffin market is in the off-season of the industry, and raw material prices have remained basically stable. Downstream companies have mostly purchased on demand because supply and demand of chlorinated paraffin has been blocked. It is expected that the chlorinated paraffin market will be smoothly consolidated in the later period, and it is recommended to pay attention to real-time market trends.

 

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