The price of chlorinated paraffin fluctuated slightly (4.6-4.11)

1、 Price trend

 

PVA 0588 ( PVA BP05)

According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 was 6700 yuan / ton on April 6 and 6737 yuan / ton on April 11. The price of chlorinated paraffin 52 increased by 0.56% this week.

 

2、 Market analysis

 

Chlorinated paraffin 52 prices rose slightly this week. Affected by the epidemic, the demand for chlorinated paraffin is general, and the downstream operation is low. The price of chlorinated paraffin in Anhui, Henan, Hebei and Shandong increased, and the market in other regions was stable. As of April 11, the ex factory quotation of chlorinated paraffin 52 in Anhui is about 7000 yuan / ton, that in Shaanxi is about 6800 yuan / ton, that in Northeast is about 6700 yuan / ton, and that in Shandong is about 6450 yuan / ton.

 

On April 11, the price of international crude oil futures fell sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $94.29/barrel, down US $3.97 or 4.0%; The settlement price of the main contract of Brent crude oil futures was US $98.48/barrel, down US $4.30 or 4.2%. International Energy Agency (IEA) member countries released record crude oil strategic reserves and continued to ferment. In addition, the market was generally worried about the decline in demand in China due to public health events.

 

POLYVINYL ALCOHOL

In terms of raw liquid wax, this week, the price of liquid wax is stable and upward, the enterprise ships stably, the transaction is good, and the downstream manufacturers actively purchase. In terms of raw liquid chlorine, the price of liquid chlorine increased steadily this week. Due to the epidemic situation, the transportation is blocked and the overall demand is weak.

 

3、 Future forecast

 

Chlorinated paraffin analysts of business society believe that at present, the cost support of chlorinated paraffin is OK, the demand side performance is poor, and the supply and demand of chlorinated paraffin are weak. The epidemic broke out in many places in China, and the transportation was affected to a certain extent. The market of chlorinated paraffin is expected to be weak and stable in the short term.

http://www.polyvinylalcohols.com

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