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SunSirs: Cost Strengthened and Chlorinated Paraffin Prices Ran Stably (March 13-17)
March 22 2023 09:40:43SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,800 RMB/ton on March 13, and the average market price of chlorinated paraffin 52 in China was 5,800 RMB/ton on March 17. The price of chlorinated paraffin was stable this week.

Analysis review

This week, the market price of chlorinated paraffin stabilized and operated smoothly. This week, the price of raw material liquid chlorine rose, strengthening cost support. The market demand for chlorinated paraffin was general, and the trading atmosphere was poor. Downstream procurement was mainly based on demand, and manufacturers had a strong attitude towards stable prices, with normal shipments. As of March 17, the factory price of chlorinated paraffin 52 in Anhui Province was about 6,300 RMB/ton, and the factory price of chlorinated paraffin 52 in Shandong Province was about 5,300-5,700 RMB/ton.

In terms of raw liquid wax, liquid wax prices were stable at a high level this week, and liquid wax fluctuated with crude oil prices. In terms of raw material liquid chlorine, the price of liquid chlorine rose this week, most enterprises raised their prices, and market transaction was smooth.

Market outlook

According to chlorinated paraffin analysts from SunSirs, as of the 17th, the trend of chlorinated paraffin was stable, manufacturers sold at stable prices and downstream procurement was cautious. Recently, the price of chlorinated paraffin feedstock strengthened, which was favorable for cost side. It is expected that the market price of chlorinated paraffin will rise slightly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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