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SunSirs: Trading Rose, Chlorinated Paraffin Edged up (September 2-9)

September 09 2022 08:52:36     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 6,066 RMB/ton on September 2, and the average ex-factory price of domestic chlorinated paraffin 52 on September 8 was 6,166 RMB/ton. This week, the price of chlorinated paraffin rose by 1.65%.

Analysis review

The price of chlorinated paraffin rose this week, and the domestic operating rate was about 60%. The price of raw material liquid chlorine rose first and then fell, and the price of raw material liquid wax adjusted slightly after rising, and the cost support was acceptable. The downstream demand performance was average, just purchased on demand mainly, and the market trading atmosphere was acceptable. As of September 8, 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 Northeast China was about 5,800 RMB/ton, and the ex-factory price of chlorinated paraffin in Shandong was about 6,400 RMB/ton.

In terms of raw material liquid wax, the market price of liquid wax generally increased this week. Since last Friday, the price of liquid wax continued to rise, with a slight correction on the 8th, and the market transaction was acceptable. In terms of raw material liquid chlorine, the price of liquid chlorine fell this week, and the market was mainly down. Downstream purchased at lower prices, the transaction volume was acceptable.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current market trend of chlorinated paraffin raw materials fluctuates weakly, and the cost support is general. Although the trading volume of the chlorinated paraffin market has increased, it is still dominated by just-needed purchases, and it is still necessary to wait for the release of terminal demand. It is expected that the price of chlorinated paraffin will run weakly and smoothly in the short term.

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