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SunSirs: Demand Was Poor, the Price of Chlorinated Paraffin Decreased (April 3-7)
April 11 2023 14:40:52SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on April 1st was 5,733 RMB/ton. On April 7th, the average market price of chlorinated paraffin 52 in China was 5,666 RMB/ton, and the price of chlorinated paraffin 52 fell by 1.16% this week.

Analysis review

The market price of chlorinated paraffin fell slightly this week. This week, the price of raw material liquid chlorine fell first and then rose, while the price of raw material liquid wax increased. Cost side support was still acceptable. But downstream demand was weak, and the market transaction atmosphere was poor. As of April 7th, the factory price of chlorinated paraffin 52 in Anhui region was about 6,200 RMB/ton, the factory price of chlorinated paraffin 52 in Northeast region was about 5,500-5,800 RMB/ton, and the factory price of chlorinated paraffin 52 in Shandong region was about 5,100-5,500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax was stable and improving this week, with a good trading atmosphere. This week, crude oil prices significantly increased, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine was initially suppressed and then increased this week, and the transaction in the liquid chlorine market was smooth.

Market outlook

Analysts from SunSirs’ chlorinated paraffin industry believe that the trend of chlorinated paraffin raw materials started to be stronger recently, with good cost support. But terminal demand was still weak, and market transactions were light. It is expected that the chlorinated paraffin market price will mainly stabilize in the short term.

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

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