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Chlorinated Paraffin News
SunSirs: Demand Was Low, Chlorinated Paraffin Prices Fell in July (July 1-27)
July 28 2022 10:41:13SunSirs(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 27 was 5,883 RMB/ton. The price of chlorinated paraffin fell 5.87% this month.

Analysis review

Chlorinated paraffin prices fell this month. The price of chlorinated paraffin was stable in early July. 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, and the cost support weakened. Downstream demand was sluggish, low-cost purchases were the mainstay, and on-site transactions were not good. Prices of chlorinated paraffins started to fall in mid-July until the end of the month. As the price of raw materials continued to fall, 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. Under the dominance of negative factors, chlorinated paraffin was mainly down. As of July 27, 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 6,050-6,200 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax fluctuated and fell this month, and the market followed the changes in crude oil prices. In the first half of July, the price of liquid wax continued to decrease, and the market transaction was not good. In the second half of July, the liquid wax fell again after a slight rebound. It is recommended to pay attention to the changes in crude oil. In terms of raw material liquid chlorine, the price of liquid chlorine fell first and then rose this month. The price of liquid chlorine fell sharply in the middle and early July, the market was not good, the transactions were sluggish, and some liquid chlorine enterprises were operating at a reduced load. Since late July, the price of liquid chlorine has rebounded and the market supply has decreased, and the market has improved.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that due to the weak trend of the chlorinated paraffin raw material market this month, the cost support was weak. When the downstream bought up and not bought down, the purchase volume decreased. Although the raw material liquid chlorine market rebounded at the end of the month, the market demand for chlorinated paraffin was weak. It is expected that the chlorinated paraffin market will run weakly and steadily in the short term.

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

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