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SunSirs: The Demand Was Weak, and the Chlorinated Paraffin Was Running Weakly and Steadily (July 1-7)
July 08 2022 09:46:20SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 6,250 RMB/ton on July 1, and the average ex-factory price of domestic chlorinated paraffin 52 on July 7 was 6,250 RMB/ton. The price of chlorinated paraffin 52 was stable this week.

Analysis review

The price of chlorinated paraffin 52 was stable this week. The domestic market of chlorinated paraffin was weak, the operating rate of enterprises rebounded, and the supply of chlorinated paraffin increased. The price trend of raw materials fell this week, and the cost support weakened. Downstream demand was sluggish, low-cost purchases were the mainstay, and on-site transactions were not good. As of July 7, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,200 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Northeast China was about 6,500 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong was about 6,050 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax was lowered this week. Liquid wax followed the changes in the crude oil market, and the trend was mainly downward. In terms of raw material liquid chlorine, the price of liquid chlorine fell sharply this week. The market conditions were not good and the transactions were sluggish, and some liquid chlorine enterprises were operating at a reduced load.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the price of chlorinated paraffin raw materials fell, and the cost-side support was insufficient. At present, chlorinated paraffin is at a low price, waiting for the release of terminal demand. It is expected that the price of chlorinated paraffin will stabilize and run smoothly in the short term.

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

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