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SunSirs: Costs Were Weakened, Chlorinated Paraffin Prices Were Lowered (July 8-14)
July 15 2022 10:08:34SunSirs(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 8, and the average ex-factory price of domestic chlorinated paraffin 52 on July 14 was 6,116 RMB/ton. This week, the price of chlorinated paraffin 52 was 6,116, chlorinated paraffin 52 prices fell 2.12% this week.

Analysis review

The price of chlorinated paraffin 52 was lowered this week. The price of chlorinated paraffin raw materials continued to fall, and the cost support was insufficient. The market demand for chlorinated paraffin was not good, the transaction was weak, and the industry was mostly wait-and-see. Led by negative factors this week, chlorinated paraffin was mainly down. As of July 14, the ex-factory price of chlorinated paraffin 52 in Anhui was about 5,800 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 6,050 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 decreased this week. On-site transactions were sluggish, demand performance was weak, and some liquid chlorine enterprises were operating at reduced loads.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current market demand for chlorinated paraffin is insufficient, and the raw material trend is not good. The supply of chlorinated paraffin is acceptable, and the bearish sentiment in the industry is strong. In the case of weak cost side and demand side, it is expected that the price of chlorinated paraffin will continue to decline in the short term.

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

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