I. price trend

According to the monitoring data of business agency, the domestic market price of chlorinated paraffin fell this week. On October 21, the average ex factory price of grade-I product of domestic chlorinated paraffin 52 was 5200 yuan / ton, and on October 28, the average ex factory price of grade-I product of domestic chlorinated paraffin 52 was 5133 yuan / ton, with a price drop of 1.28%. On October 28, the paraffin commodity index was 76.43, the same as yesterday, 30.16% lower than the highest point of 109.43 (2013-12-03), and 19.70% higher than the lowest point of 63.85 on September 26, 2016. (Note: cycle refers to 2012-06-01 to now)

II. Market analysis

Products: at present, the ex factory price of grade I product of chlorinated paraffin 52 in South China is 4600-5300 yuan / ton, the ex factory price of grade I product of chlorinated paraffin 52 in North China is 4500-5500 yuan / ton, the ex factory price of grade I product of chlorinated paraffin 52 in East China is 5000 yuan / ton, the ex factory price of grade I product of chlorinated paraffin 52 in Central China is 5000-5500 yuan / ton, and the ex factory price of grade I product of chlorinated paraffin 52 in Northeast China is 5000-5500 yuan / ton. 。 The ex factory quotation of grade I chlorinated paraffin 52 in Shandong Province is about 5000-5500 yuan / ton. The ex factory quotation of grade I chlorinated paraffin 52 in Northwest China is about 5000-5500 yuan / ton.

Industrial chain: Recently, the international oil price has been rising for four consecutive times and started to fall. The price of upstream liquid wax is stable, the manufacturer is stable to ship, the market of liquid ammonia is slightly rising, and the transaction is low. Downstream demand is weak, manufacturers are more wait-and-see attitude, and trading is weak. The demand side is not favorable for the time being.

Industry: according to the price monitoring of the business agency, in the 42nd week of 2019 (10.21-10.25), there are 10 kinds of commodities rising month on month in the chemical sector, including 2 kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are epichlorohydrin (8.05%), sulfur (5.05%) and sulfuric acid (4.88%). There are 41 kinds of commodities decreased on a month-on-month basis, 4 kinds of commodities decreased by more than 5%, accounting for 4.8% of the number of commodities monitored in this sector; the top three products decreased were formaldehyde (37%) (- 9.21%), nitric acid (- 8.62%), acetic acid (- 5.29%). This week’s average was – 0.85%.

III. future forecast

The chlorinated paraffin analyst of business association thinks that the market of chlorinated paraffin is cold at present and the delivery volume is reduced. The downstream procurement is insufficient, and the purchase is just needed. Most enterprises offer stable prices, and the actual deal negotiation is the main part. It is predicted that the chlorinated paraffin will be weak in the later period and fluctuate mainly in narrow range. It is recommended to pay attention to downstream follow-up.