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SunSirs: Chlorinated Paraffin Market Went Up and Down in June

July 09 2020 14:21:15     SunSirs (John)

Price trend

According to the data monitored by SunSirs, the average factory price of domestic chlorinated paraffin 52 on June 1 was 4,766 RMB/ton, the average factory price of domestic chlorinated paraffin 52 on June 30 was 4,800 RMB/ton, and the price of chlorinated paraffin 52 in June rose by 0.70 %. The highest price of chlorinated paraffin 52 this month was 4,866 RMB/ton, and the lowest price this month was 4,766 RMB/ton.

Analysis review

The chlorinated paraffin market went up and down in June. At the beginning of the month, chlorinated paraffin rose slightly due to fluctuations in raw materials. However, there was no improvement on the demand side, and the downstream was mostly wait-and-see. Costs were firm in the middle of the month, and chlorinated paraffin rose slightly. Cost pressures increased and profits decreased, and most manufacturers focused on inventory consumption. Downstream customers had poor demand and bought goods on demand. At the end of the month, demand weakened, trading was not smooth, and chlorinated paraffin prices fell. The factory price of chlorinated paraffin 52 in Jiangsu was 4,600-5,200 RMB/ton, the factory price of chlorinated paraffin 52 in Hebei was 4,000-4,800 RMB/ton, and the factory price of chlorinated paraffin 52 in Henan region was 4,000-5,300 RMB/ton. The factory price of chlorinated paraffin 52 in the northeast region was 4,400-5,400 RMB/ton. The factory price of chlorinated paraffin 52 in Shandong was about 4,900 RMB/ton. The ex-factory price of chlorinated paraffin 52 in Northwest China was 4,800-5,400 RMB/ton. The factory price of chlorinated paraffin 52 in East China was 4,500-5,400 RMB/ton. The factory price of chlorinated paraffin 52 in North China was 4,200-5,000 RMB/ton. The factory price of chlorinated paraffin 52 in southern China was 4,500-5,000 RMB/ton.

In June, the raw material market operated at a high level. The price of raw liquid wax remained stable in the early stage, and the market purchased more on demand. The mainstream price of the raw material liquid chlorine market steadily operated, and prices of some enterprises rebounded and increased. Downstream procurement was not active and transactions were average. In the later period, the price of raw liquid wax remained stable, and the cost support was limited. The raw material liquid chlorine fluctuated steadily and slightly, and the price was blocked. Downstream demand was limited, and transaction conditions were poor.

Market outlook

Analysts of chlorinated paraffin of SunSirs believe that the chlorinated paraffin market fluctuated slightly in June, and the overall market was stable. Raw materials were operating steadily, downstream customers had less demand, and transactions were average. It is expected that the price of chlorinated paraffin will run smoothly in July. It is recommended to focus on real-time market changes.

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

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