1、 Price trend

According to the monitoring data of bulk commodities, the domestic price of grade 52 chlorinated paraffin was stable this week. This week, the average ex factory price of domestic chlorinated paraffin 52 grade I products is 5100 yuan / ton.

2、 Market analysis

This week, the price of chlorinated paraffin 52 was stable. The overall trend of paraffin wax market is weak and stable. Traders are cautious in taking goods, with obvious wait-and-see mood, and mainly purchase on demand in the downstream. At present, the ex factory price of grade 52 chlorinated paraffin in East China is about 4800-4900 yuan / ton, that in Northeast China is about 5200 yuan / ton, that in Northwest China is about 5200 yuan / ton, and that in Shandong is 4500-4600 yuan / ton.

In terms of international crude oil, the price of WTI crude oil futures market in the United States fell on January 21, with the settlement price of the main contract at US $53.13/barrel, down US $0.18. Brent crude oil futures market prices rose, the settlement price of the main contract at 56.10 U.S. dollars / barrel, or 0.02 U.S. dollars. Crude oil WTI fell slightly on Thursday after data showed an unexpected increase in U.S. crude oil inventories last week, which made the market worried about slowing fuel demand and expected to rekindle. Meanwhile, U.S. stimulus measures were expected to limit price decline.

Liquid wax, liquid wax prices more stable this week, the overall trading atmosphere is light and stable. In terms of liquid chlorine, the market prices of liquid chlorine in North China and East China rose, while the prices in other regions were relatively strong, and the liquid chlorine market was mainly strong in the short term. In terms of demand, near the Spring Festival holiday, downstream enterprises mainly need orders, replenish goods appropriately, and have a strong wait-and-see atmosphere, while the overall trading atmosphere is general.

3、 Future forecast

Business community chlorinated paraffin analysts believe that this week chlorinated paraffin overall market trading atmosphere is general, wait-and-see atmosphere is relatively strong. The output of chlorinated paraffin kept low and the inventory kept low. With the strong support of raw materials, the price of chlorinated paraffin is expected to be strong in the short term, and the possibility of a slight increase is not ruled out.