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Chlorinated Paraffin News
SunSirs: Weak Supply and Demand, the Price of Chlorinated Paraffin Declined (May 12-18)
May 19 2023 09:38:57SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on May 12th was 5,500 RMB/ton. On May 18th, the average market price of chlorinated paraffin 52 in China was 5,433 RMB/ton, and the price of chlorinated paraffin 52 fell by 1.21% this week.

Analysis review

Chlorinated paraffin market prices fell this week. This week, the price of raw material liquid chlorine fell first and then rose, while the price of raw material liquid wax continued to decline, with limited cost support. Downstream demand was sluggish, procurement enthusiasm was poor, and market transactions were relatively low. As of May 18th, the factory quotation for chlorinated paraffin 52 in Anhui region was about 5,800 RMB/ton, the national standard factory quotation for chlorinated paraffin 52 in Northeast region was about 5,500-5,800 RMB/ton, and the national standard factory quotation for chlorinated paraffin 52 in Shandong region was about 4,500-5,000 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax continued to decline this week, and market demand was weak. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine in Shandong region was initially suppressed and then increased this week, the market situation improved, and shipments from manufacturers was stable.

Market outlook

Chlorinated paraffin analysts from SunSirs believe that recent fluctuations in raw material prices were mixed, and cost support was still acceptable. The terminal demand was sluggish, and the market supply and demand were weak, and the situation had not improved yet. It is expected that the market price of chlorinated paraffin will be stable and sorted out in the short term.

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

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