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SunSirs: Chlorinated Paraffin Price Dropped Due to Cost Reduction

January 15 2020 11:30:24     SunSirs (John)

Price trend

According to the data of SunSirs, the market price of domestic chlorinated paraffin fell slightly this week. On January 6, the average ex factory price of 52 domestic first-class chlorinated paraffin products was 5,033 RMB/ton, and on January 12, the average ex factory price was 4,933 RMB/ton, with a price drop of 1.99%. Up to now, the commodity index of chlorinated paraffin on January 13 is 73.45, which is the same as the previous day, 32.88% lower than the highest point of 109.43 (2013-12-03), and 15.04% higher than the lowest point of 63.85 on September 26, 2016. (Note: cycle refers to 2012-06-01 to now)

 

Analysis review   

Product: At present, the ex factory price of grade I product of chlorinated paraffin 52 in South China is 4,600-5,400 RMB/ton, the ex factory price of grade I product of chlorinated paraffin 52 in North China is 4,600-5,400 RMB/ton, the ex factory price of grade I product of chlorinated paraffin 52 in East China is 5,300 RMB/ton, the ex factory price of grade I product of chlorinated paraffin 52 in Central China is 4,700-5,500 RMB/ton, and the ex factory price of grade I product of chlorinated paraffin 52 in Northeast China is 4,700-5,400 RMB/ton. The ex factory quotation of grade I chlorinated paraffin 52 in Shandong Province is about 4,800-5,500 RMB/ton. The ex factory quotation of grade I chlorinated paraffin 52 in Northwest China is about 4,800-5,500 RMB/ton.

Industry chain: The current overall trading atmosphere in the market is generally weak and demand is weak. The price of upstream raw material liquid wax prices remained stable, and the market price of liquid chlorine was slightly reduced. The raw material market is sluggish.

Industry : According to the price monitoring of SunSirs, in the first week of 2020 (1.6-1.10), there are 27 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.5% of the number of commodities monitored in the sector; the top 3 commodities are bisphenol A (9.65%), glycol (7.92%), ammonium chloride (5.09%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products falling are caustic soda (- 5.22%), chloroform (- 4.55%), sodium metabisulfite (- 3.79%). This week, the average increase or decrease was 0.35%.

 

 

Market outlook

 The chlorinated paraffin analyst of SunSirs believes that due to poor raw material prices and falling prices, the cost of chlorinated paraffin has decreased, and terminal demand is weak. It is expected that chlorinated paraffin will be mainly weakly sorted in the later period.

 

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

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