Crude oil fell short of chlorinated paraffin terminal follow-up

According to the monitoring data of business community, the domestic chlorinated paraffin market price remained stable this week. At the beginning of the week, the average price of domestic chlorinated paraffin 52 first-grade products was 4933 yuan/ton, and the average price at the weekend was 4933 yuan/ton, which was 1.33% lower than that on August 1.
2. Market analysis
Products: the first-grade product factory quotation of chlorinated paraffin 52 in south China, 4800-5000 yuan/tons, northeast chlorinated paraffin first-grade product ex-factory price of 52, 4600-5000 yuan/ton, in east China chlorinated paraffin first-grade product ex-factory price of 52, 4800-5300 yuan/tons, in central China chlorinated paraffin first-grade product ex-factory price of 52, 4900-5400 yuan/tons, first-grade product factory quotation of chlorinated paraffin in shandong district 52, 4500-5000 yuan/ton.

Crude oil: international oil prices continued to fall as worries about weak global economic data and trade risks continued to mount and U.S. oil inventories and production remained high.WTI September 19 futures fell 76 cents to $54.47 a barrel on Thursday.Brent October 19 futures fell $1.25 a barrel to $58.23.The main contract for China’s SC crude oil futures fell 8.1 yuan per barrel to 419.1 yuan in 1910.
Industrial chain: the upstream crude oil started to decline sharply after its rise at the beginning of this week, and the mainstream liquid wax market enterprises kept their shipments steady, some enterprises raised their prices slightly, and the prices did not fluctuate significantly temporarily, and the trading volume was stable.The price of liquid chlorine remained stable, and the maintenance of chlor-alkali plant resumed production.In some areas, due to the early period of low price shipment, there was a small rise. At the beginning of this week, due to the impact of typhoon, the chlor-alkali equipment of most enterprises in shandong fell negative, but the price support had no impact on the overall market price of liquid chlorine.
3. Market outlook forecast
Business community chlorinated paraffin analysts believe that the upstream oil shock, liquid wax liquid chlorine price steady operation, chlorinated paraffin terminal follow-up insufficient, downstream manufacturers are still a small amount of demand, most of the wait-and-see attitude, the autumn market is in urgent need of a boost.The current market overall trend is stable, some manufacturers price small adjustment.It is expected that the price of chlorinated paraffin will continue to shock the main, it is recommended to pay attention to the needs of terminal enterprises.