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SunSirs: Demand Was Light and Prices of Chlorinated Paraffin Were Stable (December 8-14)
December 15 2023 11:01:33SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,433 RMB/ton on December 8th, and the average market price of chlorinated paraffin 52 in China was 5,433 RMB/ton on December 14th. The price of chlorinated paraffin remained stable this week.

Analysis review

The market price of chlorinated paraffin remained stable this week. This week, the price of raw material liquid wax fluctuated slightly, while the price of liquid chlorine decreased, and the cost support was average. As of December 14th, downstream procurement was mainly on demand, with limited market trading, and manufacturers and distributors were mainly wait-and-see and stabilizing prices. As of December 14th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was around 5,600 RMB/ton, and the national standard market price of 52 chlorinated paraffin in Shandong region was around 5,000-5500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax fell first and then rose this week, mainly with slight fluctuations. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had dropped this week. As of December 14th,  the device was operating normally, and on-site trading was still acceptable, with transaction negotiations being the main focus.

Market outlook

According to Chlorinated Paraffin analysts from SunSirs, the market for chlorinated paraffin raw materials had recently experienced a slight fluctuation and weakened, leading to a weakening of cost support. As of December 14th, the market demand was weak, the orders were mainly in demand. It is expected that the price of chlorinated paraffin will be weak and consolidating in the short term, and it is recommended to pay attention to changes in cost and demand.

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

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