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SunSirs: The Raw Material Market Was Strong, and the Chlorinated Paraffin Was Stable and Improving (September 12-16)

September 19 2022 14:11:51     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 6,166 RMB/ton on September 13, and the average ex-factory price of domestic chlorinated paraffin 52 on September 16 was 6,166 RMB/ton. This week, the price of chlorinated paraffin was stable.

Analysis review

The price of chlorinated paraffin rose this week, and the domestic operating rate was about 60%. After the holiday, the prices of raw material liquid chlorine and liquid wax rose, and the cost support was favorable. Some manufacturers repaired their installations, and the supply in the market decreased. Downstream procurement was on-demand, and the market transaction volume increased. The price of chlorinated paraffin in Anhui increased by about 300/ton, and the price of chlorinated paraffin in Shandong decreased. Some manufacturers and distributors sold at a stable price. As of September 16, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,600 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 6,100 RMB/ton.

In terms of raw material liquid wax, the market price of liquid wax continued to rise this week, with an increase of 0.73%. The liquid wax market changed with crude oil, and the overall market was running for the better. In terms of raw material liquid chlorine, the market price of liquid chlorine continued to rise this week, with an increase of 2.38%. The market demand increased and the transaction atmosphere was good.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the current market for chlorinated paraffin raw materials is strong, and the cost side has strong support. The downstream trend of chlorinated paraffin is good, the raw materials are purchased on demand, the market transaction volume has increased, and most chlorinated paraffin companies are selling at high prices. It is expected that the price of chlorinated paraffin will increase steadily in the short term.

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

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