Paraffin Daily Evaluation: Transaction Stability Delivery Pressure Postponed
- Jul 24, 2018 -

Today paraffin market listing price is stable, the market transaction is stable.From the market understanding, the current export market is still ok, the market transaction volume has increased, to a certain extent alleviates the domestic shipping pressure.According to the refinery, daqing petrochemical is expected to officially shut down at the end of the month, reducing market resources, and further easing domestic supply and demand.In the domestic market, the market has a strong wait-and-see mentality and merchants are cautious about taking expects the market price of paraffin wax to remain stable in the near future. Affected by the recent price increase, it will not rule out the possibility of individual refineries following up on the increase.