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SunSirs: Raw Materials Fell, Chlorinated Paraffin Market Was Downturn (July 15-21)
July 22 2022 09:15:54SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of chlorinated paraffin 52 in China on July 15 was 6,116 RMB/ton, and the average ex-factory price of chlorinated paraffin 52 in China on July 21 was 5,883 RMB/ton. The price of chlorinated paraffin 52 fell 3.81% this week.

Analysis review

Chlorinated paraffin 52 prices fell this week. The price of chlorinated paraffin raw material liquid chlorine was running down, and the cost support was weak. The market demand for chlorinated paraffin was weak, and most downstream companies just needed to buy, and the industry was more cautious and wait-and-see. This week, the operating rate of chlorinated paraffin enterprises was about 60%. As of July 21, 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 5,800 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong was about 6,000 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax rose slightly this week. Liquid wax followed the changes in the crude oil market, and the trend was mainly upward. In terms of raw material liquid chlorine, the price of liquid chlorine continued to fall this week. On-site transactions were limited and demand was weak. The liquid chlorine market in the off-season was not trending well, and some chlor-alkali manufacturers suffered losses.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current market demand for chlorinated paraffin is sluggish, the transaction on the market is relatively small, and the weak market is difficult to change in the short term. In the case of poor raw material market and weak demand, it is expected that the chlorinated paraffin market 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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