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SunSirs: Raw Material Price Fluctuated and the Price of Chlorinated Paraffin Rose (November 2-6)

November 09 2020 13:51:47     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 first-class products was 4,933 RMB/ton on November 2, and the average ex-factory price of domestic chlorinated paraffin 52 first-class products was 5,033 RMB/ton on November 6. The price this week increased by 2.03%.

Analysis review

Due to the increase in raw materials at the beginning of the week, the price of chlorinated paraffins was raised this week. The operating rate of chlorinated paraffin enterprises this week was about 60%.The factory price of chlorinated paraffin 52 in Jiangsu area was 4,700-5,100 RMB/ton, the price of chlorinated paraffin 52 in Hebei area was 4,700-4,900 RMB/ton, and the price of chlorinated paraffin 52 in Henan area was 4,500-5,200 RMB/ton. The factory price of 52 chlorinated paraffins in Northeast China was 4,500-5,300 RMB/ton. The factory price of chlorinated paraffin 52 in Shandong area was 4,500-4,900 RMB/ton. The ex-factory price of 52 chlorinated paraffin in Northwest China was 4,700-5,400 RMB/ton. The factory price of chlorinated paraffin 52 in East China was 4,800-5,000 RMB/ton. The ex-factory price of chlorinated paraffin 52 in North China was 4,500-5,200 RMB/ton. The factory price of 52 chlorinated paraffin in South China was 4,600-5,100 RMB/ton.

The raw material market prices were running at a high level this week. The price of raw liquid wax fell after rising this week. The demand for liquid wax for chlorinated paraffin was insufficient, and liquid wax remained stable. At the beginning of the week, the price of raw material liquid chlorine was increased in Shandong and Northwest due to the overhaul of some enterprises' installations and tight supply. Liquid chlorine prices began to fall over the weekend. Downstream companies had a strong wait-and-see attitude towards chlorinated paraffins.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current chlorinated paraffin raw material market fluctuates at a high level and the cost support is insufficient. The sales of chlorinated paraffin wax is general. The downstream price of chlorinated paraffins is obvious, and trading is average. It is expected that the price of chlorinated paraffins will mainly be stabilized in the short term.

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