I. price trend

According to the monitoring data of the business agency, the average ex factory price of domestic chlorinated paraffin 52 grade I product was 5200 yuan / ton on November 20 On November 20, the paraffin commodity index was 77.42, unchanged from yesterday, down 29.25% from 109.43 (2013-12-03), the highest point in the cycle, and up 21.25% from 63.85, the lowest point 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.

Crude oil: WTI futures rose $1.90 per barrel on Wednesday (November 20) at $57.11 in December 2019, and Brent futures rose $1.49 per barrel at $62.40 in January 2020. China’s SC crude oil futures fell 5.1 yuan to 447.6 yuan / barrel in 2001.

Industrial chain: the market of raw materials is basically stable in the near future. The upstream liquid wax market is running smoothly, and the mainstream manufacturers are shipping stably. The purchasing power of liquid chlorine market is weak, and the prices in some areas have been lowered, so it is difficult to improve in the future.

Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the rise and fall list of bulk commodity prices on November 20, 2019, among which the top three commodities are acrylic acid (2.31%), mixed xylene (1.83%) and hydrobenzene (1.61%). There are 10 kinds of commodities with a decline in the month on month, and the top three products were maleic anhydride (- 3.11%), epichlorohydrin (- 2.81%) and lithium carbonate (- 1.59%). The average increase and decrease of this day is 0.01%.

III. future forecast

According to the chlorinated paraffin analyst of business association, at present, the supply of domestic chlorinated paraffin Market exceeds the demand, the terminal follow-up is insufficient, and the demand of downstream customers is weak. Some manufacturers adjust prices sporadically, most of the prices tend to be stable, and the overall market has not changed significantly. It is expected that the chlorinated paraffin market will maintain stable operation in the later stage.