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current paraffin market analyze

In 2018 by the end of the current, paraffin market price trend is similar with last year, after the Spring Festival in demand off-season, and in the case of no refinery maintenance, market supply relatively abundant resources, paraffin prices still appears narrow.Thus it can be seen that paraffin market speculation and market mentality influence the price trend more and more obvious.The high market inventory in April, combined with the cautious attitude of traders, led to a stalemate in both supply and demand and limited market trading.With the policy of baoding in May, the market deadlock was broken, and the amount of goods bought by merchants increased, although the price of the bet was much higher, but it also injected a bit of vitality into the market.

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