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SunSirs: The Price of Chlorinated Paraffin Fell Slightly Due to Less Demand (July 13-17)

July 22 2020 14:28:09     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 4,800 RMB/ton on July 13, and the average ex-factory price of domestic chlorinated paraffin 52 was 4,766 RMB/ton on July 17. The price dropped 0.69% this week.

Analysis review

Chlorinated paraffin fell slightly this week. The factory price of chlorinated paraffin 52 in Jiangsu area was 4,600-5,200 RMB/ton, the price of chlorinated paraffin 52 in Hebei area was 4,000-4,800 RMB/ton, and the price of chlorinated paraffin 52 in Henan area was 4,200-5,300 RMB/ton. The ex-factory price of 52 chlorinated paraffin in Northeast China was 4,400-5,400 RMB/ton. The ex-factory price of 52 chlorinated paraffin in Shandong was about 4,900 RMB/ton. The ex-factory price of 52 chlorinated paraffin in Northwest China was 4,600-5,400 RMB/ton. The ex-factory price of 52 chlorinated paraffin in East China was 4,500-5,400 RMB/ton. The ex-factory price of chlorinated paraffin 52 in North China was 4,200-5,000 RMB/ton. The factory price of chlorinated paraffin 52 in South China was 4,500-5,000 RMB/ton.

The raw material market was stable this week. The raw material liquid wax ran smoothly, the mainstream price was 5,700-6,100 RMB/ton, and the sales are stable. The price of raw material liquid chlorine was firm and stable, with good transactions. In the short term, the raw material market will remain stable for the time being. There is less demand for chlorinated paraffins downstream.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current chlorinated paraffin raw material market is stable and cost-supported, but the downstream demand for chlorinated paraffin is weak and the order is not good. It is expected that the chlorinated paraffin market will remain stable in the short term.

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