Price trend
According to the monitoring data of SunSirs, the average factory price of domestic chlorinated paraffin 52 was 6166 RMB/ton on October 1, and 6233 RMB/ton on October 26. The price of chlorinated paraffin rose 1.08% this month.
Analysis review
According to the weekly increase and decrease from August 1, 2022 to October 17, 2022, it can be seen that the domestic chlorinated paraffin rose and fell with each other during the cycle, and the price remained stable for long time. The maximum increase was 3.7% in the week of August 29, and the maximum decrease was - 1.7% in the week of August 8. In October, the largest increase was 0.54% in the week of October 3.
The price of chlorinated paraffin rose this month and the market fluctuated slightly. The domestic operating rate was about 63%. In the first ten days of October, the market of chlorinated paraffin was mainly on the rise. The price of raw liquid chlorine rose, and the cost support was good. The downstream mainly purchased on demand, and the manufacturer's shipment was stable. The chlorinated paraffin market was stable in late October. The price of raw material liquid chlorine fell after rising at a high level, and the benefit on the cost side weakened. The market atmosphere of chlorinated paraffin was light and the trading volume was average. As of October 26, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 6,600 RMB/ton, the ex factory quotation of chlorinated paraffin 52 in Northeast China was about 5,800 RMB/ton, and the market quotation of chlorinated paraffin 52 in Shandong was about 6,300 RMB/ton.
In terms of raw material liquid wax, the price trend of liquid wax in this month was first suppressed and then increased. The market followed the change of crude oil price, and the transaction on the market was fair. It is recommended to pay attention to the change of crude oil. In terms of raw material liquid chlorine, the price of liquid chlorine rose and fell this month, and fell back from a high level after continuing to rise. Recently, the liquid chlorine market rebounded slightly. Some manufacturers had maintenance plans, and the market transaction atmosphere was improved.
Market outlook
According to the chlorinated paraffin analysts of SunSirs, the current market trend of chlorinated paraffin raw materials rebounded and improved, with some support on the cost side. There is no obvious fluctuation in the chlorinated paraffin market for the time being. The downstream just purchases in need, and the transaction is still weak. It is expected that the chlorinated paraffin market will operate smoothly in the short term.
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