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SunSirs: The Market of Chlorinated Paraffin in Early Winter Is Hard to Rise

November 27 2019 15:03:03     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, on November 26, the average domestic ex-factory price of domestic first-grade chlorinated paraffin 52 was 5,066 RMB/ton, and the single-day price fell by 2.56%. As of now, the chlorinated paraffin commodity index on November 26 was 75.43, a decrease of 1.99 points from yesterday, and a decrease of 31.07% from the highest point of the cycle at 109.43 (2013-12-03), and up 18.14% from the lowest point of 63.85 on September 26, 2016. (Note: cycle refers to 2012-06-01 to now)

 

Analysis review        

Product: At present, the quoted price of the first grade of chlorinated paraffin 52 in South China is 4,600-5500 RMB/ton, the quoted price of the first grade of chlorinated paraffin 52 in North China is 4,500-5500 RMB/ton, and the quoted price of the first grade of chlorinated paraffin 52 in East China is about 5,200 RMB per ton, the ex-factory price of chlorinated paraffin 52 first-class products in central China is about 4800-5500 RMB/ton, and the quotation of chlorinated paraffin 52 first-class products in northeast China is 5,000-5500 RMB/ton. Chlorinated paraffin 52 first grade products in Shandong area are priced at about 4,800-5500 RMB/ton. Northwest China's chlorinated paraffin 52 first-class products are priced at about 5000-5500 RMB/ton.

Industrial chain: The US-China trade talks released positive signals, and international crude oil rose slightly, with the main market volatile. The market price of liquid wax is stable and the manufacturer has a strong wait-and-see attitude. The liquid chlorine market is difficult to rise, the purchasing power of downstream is weak, the prices of some manufacturers are lowered, and most prices are stable.

Industry: According to the price monitoring of SunSirs, in the 46th week of 2019 (11.18-11.22), there are 19 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector, among which there are 2 kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are isopropanol (9.31%), acetone (6.28%) and acrylic acid (3.24%). There are 26 kinds of commodities falling on a month on month basis, with 3 kinds of commodities falling by more than 5%, accounting for 3.5% of the number of commodities monitored in this sector; the top 3 products falling are caustic soda (- 11.61%), epichlorohydrin (- 8.58%) and sulfur (- 5.42%). This week's average was - 0.38%.

 

Market outlook

Analysts of chlorinated paraffin from SunSirs believe that at present, the domestic chlorinated paraffin market is weak, and there is no good support. The price of raw materials is low. Most downstream enterprises need to purchase, and some enterprises adjust slightly. The overall market is not optimistic. It is expected that the market of chlorinated paraffin will rise difficultly in the later period, and the weak consolidation will continue..

 

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