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SunSirs: Chlorinated Paraffin "Stepped" Declined in January (January 1-27)

January 28 2022 12:14:07     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 6,375 RMB/ton on January 1, and the average ex-factory price of domestic chlorinated paraffin 52 on January 27 was 5,900 RMB/ton. The price of chlorinated paraffin fell 7.45% this month.

Analysis review

Chlorinated paraffin prices fell in steps in January due to weaker costs and poor demand. In the first ten days of January, the chlorinated paraffin market generally did not fluctuate much. Some manufacturers adjusted their prices slightly, and most of them kept stable operation. The price of raw materials was adjusted in a narrow range, and the downstream was resistant to the high price of chlorinated paraffin. In mid-January, the demand for chlorinated paraffin 52 weakened, and the market fell, and some manufacturers adjusted their prices slightly. The supply of chlorinated paraffin 52 was reduced, the market demand was not good, and the cost price was lowered steadily. The overall trend of chlorinated paraffin was weak. In late January, the raw material liquid chlorine was generally lowered, and the cost support weakened. The supply and demand of the chlorinated paraffin market are weak, and the market conditions in different regions were different. The national standard-grade chlorinated paraffin 52 in Shandong had fallen below 5,000 RMB/ton. As of January 27, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,300 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Shaanxi was about 6,800 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Northeast China was about 5,600 RMB/ton, and the factory price of chlorinated paraffin 52 in Shandong was 4,800-5,400 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax fluctuated slightly this month. The production and sales of manufacturers are balanced, and the downstream just needs replenishment. The market mentality is good, and the refinery has stable shipments. The overall market of liquid wax is stable, and there is not much fluctuation for the time being. In terms of raw material liquid chlorine, the price of liquid chlorine fluctuated and fell this month, showing mixed ups and downs. There is sufficient supply in the field and insufficient downstream demand. The short-term market is mainly weak and stable.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the price of raw materials fell this month, and the cost support for chlorinated paraffin was insufficient. At present, chlorinated paraffin is in the off-season, and the demand side is generally weak. As the Spring Festival is approaching, transportation is blocked, and factories are shutting down one after another. After the Spring Festival, the chlorinated paraffin market will continue to be weak, and it is recommended to pay attention to the cost and demand changes.

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

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