I. price trend

According to the monitoring data of the business association, the average ex factory price of domestic grade 52 chlorinated paraffin on December 9 was 5066 yuan / ton, and the average ex factory price of domestic grade 52 chlorinated paraffin on December 10 was 5133 yuan / ton, up 1.32% per day. Up to now, the commodity index of chlorinated paraffin on December 10 is 76.43, up 1 point compared with yesterday, down 30.16% compared with the highest point of 109.43 (2013-12-03), and up 19.70% compared with 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 chlorinated paraffin 52 in South China is 4700-5500 yuan / ton, the ex factory price of grade I chlorinated paraffin 52 in North China is 4700-5500 yuan / ton, the ex factory price of grade I chlorinated paraffin 52 in East China is 5200 yuan / ton, the ex factory price of grade I chlorinated paraffin 52 in Central China is 4800-5500 yuan / ton, and the ex factory price of grade I chlorinated paraffin 52 in Northeast China is 4800-5500 yuan / ton 。 The ex factory quotation of grade I chlorinated paraffin 52 in Shandong Province is about 4800-5500 yuan / ton. The ex factory quotation of grade I chlorinated paraffin 52 in Northwest China is about 4800-5500 yuan / ton.

Industry chain: WTI futures rose $0.22/barrel on Tuesday (December 10) at $59.24 in January 2020, and Brent futures rose $0.09/barrel at $64.34 in February 2020. China’s SC crude oil futures main contract rose 5.0 to 466.1 yuan / barrel in 2002. The upstream liquid wax market is running smoothly, and the mainstream manufacturers are delivering goods according to orders, so the market fluctuation is relatively small. The capacity of the liquid chlorine plant has been reduced, the market price in some areas has increased, and the subsequent driving force is limited.

Industry: according to the price monitoring of the business agency, there are 12 kinds of commodities in the list of commodity prices rising and falling on December 10, 2019, among which the top three commodities are butanone (2.99%), pure benzene (2.42%) and chlorinated paraffin (1.32%). There are 15 kinds of commodities falling on a month on month basis, and the top three products are ammonium nitrate (- 2.90%), sulfur (- 2.27%) and chloroform (- 2.27%). The average price of this day was – 0.08%.

III. future forecast

According to the analysts of chlorinated paraffin in the business association, the domestic market of chlorinated paraffin is in a stalemate stage, and the price of raw materials is slightly increased, but the demand of downstream enterprises is poor, and the chlorinated paraffin is slightly increased under the upstream and downstream game. It is expected that the market of chlorinated paraffin in the later stage will be dominated by weak consolidation, and it is suggested to pay attention to the terminal demand.