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SunSirs: The Price of Raw Materials Fell, and the Bearishness of Chlorinated Paraffin Began to Appear (June 14-20)

June 24 2021 14:41:23     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of chlorinated paraffin rose this week. On June 14, the average ex-factory price of domestic chlorinated paraffin 52 was 6,033 RMB/ton, and on June 20, the average ex-factory price of domestic chlorinated paraffin 52 was 6,033 RMB/ton. The price was stable this week.

Analysis review

The domestic price of chlorinated paraffin 52 remained stable this week. As of the 20th, the factory price of chlorinated paraffin 52 in Anhui area was 6,000-6,400 RMB/ton, the price of chlorinated paraffin 52 in Northeast area was about 5,700 RMB/ton, the price of chlorinated paraffin 52 in Hebei area was 5,000-5,900 RMB/ton, the ex-factory price of 52 chlorinated paraffins in Shaanxi was about 6,400 RMB/ton, and the ex-factory price of 52 chlorinated paraffins in Shandong was 5,800-6,400 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax was stable this week, and the supply was insufficient. Liquid wax mainly operated stably in recent days. In terms of raw material liquid chlorine, the price of liquid chlorine was stable with a decrease this week, the price of liquid chlorine in Shandong fell, and the price of liquid chlorine was generally stable in other regions.

Market outlook

The chlorinated paraffin analysts of SunSirs believe that the raw material prices of chlorinated paraffins in some areas fell this week, and the cost support was limited. The company's inventory was low and the supply of goods was tight. There is currently no good news, and the price is in a consolidation phase. It is expected that the price of chlorinated paraffins will decrease in the short term.

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