According to the monitoring data of business associations, the price of domestic chlorinated paraffin 52 market was stable this week. At the beginning of the week, the average price of domestic chlorinated paraffin 52 first-class products was 5033 yuan/ton, and the average price of domestic chlorinated paraffin 52 first-class products was 5033 yuan/ton at weekend, which was stable compared with last week.
II. Market Analysis
Product: The domestic market price of chlorinated paraffin 52 has been stable this week. At present, the quotation of the first-class chlorinated paraffin 52 in Shaanxi is 4800-5200 yuan/ton, that of the second-class chlorinated paraffin 52 in Northeast China is 4700-5100 yuan/ton, that of the second-class chlorinated paraffin 52 in Anhui is 5000-5300 yuan/ton, and that of the second-class chlorinated paraffin 52 in Shandong is 4400-4800 yuan/ton.
|Polyglutamic acid agricultural grade|
International crude oil: Iran’s shooting down of U.S. military UAVs has sharply tightened the geographic situation, the release of easing signals from the global central bank, combined with the decline in U.S. crude oil stocks and the expected extension of OPEC production cuts, and the double-soaring international oil prices. WTI56.65 rose $2.89 per barrel and Brent 64.45 rose $2.63 per barrel. SC crude oil futures in China rose 0.5 to 425.7 yuan per barrel in 1908.
|Polyglutamic acid agriculture|
3. Future Market Forecast
According to the analyst of chlorinated paraffin of business association, from the point of view of demand, the overall trading atmosphere of the current market is general, the domestic market demand for chlorinated paraffin is still acceptable, and the market holds a wait-and-see attitude. It is expected that the price of chlorinated paraffin will remain stable in the later period.