slack paraffin price is going up

Daqing petrochemical crude wax price up 50 yuan/ton, the market trading atmosphere improved.It is understood that the recent crude wax market price decline is large, refinery profit space is limited, considering the cost restrictions, the market price has been adjusted back.In terms of market acceptance, the increase is small.Business sentiment was boosted, the enthusiasm to take goods increased.But the market is still dominated by demand, merchants purchase carefully.it expects the price of paraffin wax to remain stable in the near future and the market to maintain stable operation