SunSirs--China Commodity Data Group

Sign In

Join Now

Home > Commodity News > News Detail
Commodity News
SunSirs: Supported by Raw Materials, Chlorinated Paraffin Rose Slightly (August 12-18)
August 19 2022 08:49:24SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 5,783 RMB/ton on August 12, and the average ex-factory price of domestic chlorinated paraffin 52 on August 18 was 5,850 RMB/ton. This week, the price of chlorinated paraffin rose by 1.15%.

Analysis review

The price of chlorinated paraffin rose this week, and the domestic operating rate was about 60%. The price of chlorinated paraffin raw material liquid wax was rising, the price of raw material liquid chlorine fluctuated mainly, and the price of liquid chlorine in Shandong region was generally rising. The downstream demand for chlorinated paraffin was weak, the transaction on the market was weak, and the market trading atmosphere needed to be improved. As of August 18, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,000 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Northeast China was 5,000-5,500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax rose this week. Liquid wax followed the changes in the crude oil market, and the price continued to rise from the beginning of the week to the weekend. Transactions in the market were acceptable. In terms of raw material liquid chlorine, the price of liquid chlorine fluctuated this week, and the manufacturers had a strong intention to support the price. Downstream demand was weak, and purchased just in need mainly.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the market for chlorinated paraffin raw materials was strengthening, the price of liquid chlorine in some areas increased, and the cost support was strengthened. However, the market demand was weak, the transaction was not good, and the trading volume on the market was low. It is expected that in the short term, the price of chlorinated paraffin will continue to operate weakly and steadily.

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

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products