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SunSirs: Cost Lowered, and Chlorinated Paraffin Prices Fell (June 20-24)
June 27 2022 14:47:45SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of chlorinated paraffin 52 in China on June 20 was 6,400 RMB/ton, and the average ex-factory price of chlorinated paraffin 52 in China on June 24 was 6,316 RMB/ton. This week, the price of chlorinated paraffin 52 fell 1.30%.

Analysis review

Chlorinated paraffin 52 prices fell this week. The domestic epidemic weakened, the operating rate of enterprises increased, and the supply of chlorinated paraffin increased. The price trend of raw materials fell this week, and the cost support was insufficient. The downstream demand was acceptable, the purchase was made on demand at bargain prices, and the transaction was increased. As of June 24, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,300 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Northeast China was about 6,300 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong was about 6,150 RMB/ton.

In terms of raw material liquid wax, the overall price of liquid wax fell this week. Liquid wax followed the changes in the crude oil market, and the trend was mainly downward. The price of liquid chlorine fell this week, the demand in the market decreased, the transaction was low, and some liquid chlorine enterprises operated with reduced load.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current price of chlorinated paraffin raw materials has fallen, and the cost support has weakened. The operating rate of chlorinated paraffin has increased and the supply has increased. The downstream demand begins to follow up, and the trading volume on the market is acceptable. It is expected that in the short term, the price of chlorinated paraffin will be mainly operated at a low level.

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