Price trend
According to the Commodity Market Analysis System of SunSirs, the price of chlorinated paraffin had fallen this month. On December 1st, the average market price of domestic chlorinated paraffin 52 was 5,533 yuan/ton. On December 25th, the average market price of domestic chlorinated paraffin 52 was 5,433 yuan/ton. This month, the price of chlorinated paraffin was decreased by 1.81%.
Analysis review
The domestic price of chlorinated paraffin slightly decreased in December. In early December, the price of chlorinated paraffin decreased. The prices of raw material liquid wax and liquid chlorine had been lowered, resulting in insufficient cost support. Downstream procurement was mainly on demand, there was no significant improvement on the demand side. Manufacturers and distributors were mainly observing and adjusting prices flexibly according to costs. In mid to late December, the price of chlorinated paraffin remained stable. The prices of raw materials fluctuated, with market fluctuations and average cost support. Downstream on-demand procurement, limited market trading, and manufacturers and distributors mainly observed and stabilized prices. As of December 25th, the ex factory price of environmentally friendly chlorinated paraffin 52 in Anhui region was around 5,600 yuan/ton, and the market price of national standard chlorinated paraffin 52 in Shandong region was around 5,100-5,400 yuan/ton.
According to the weekly ups and downs from September 25, 2023 to December 18, 2023, it can be seen that the domestic chlorinated paraffin cycle saw mixed ups and downs. There was a significant decline in December, with the largest decline of 1.81% in the week of December 4th.
In terms of raw material liquid wax, the price of liquid wax had fluctuated this month, fluctuating with fluctuations in the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had fluctuated and fallen this month. The market trading atmosphere was weak, and manufacturers were flexible in adjusting prices and shipping.
Market outlook
According to Chlorinated Paraffin analysts from SunSirs, the market trend of raw material liquid wax had been improving recently, and the price of raw material liquid chlorine was weakening, resulting in a mix of rising and falling costs. Downstream demand performance was poor, with multi-dimensional support for essential procurement, average market trading, and stable pricing for enterprise shipments. It is expected that the price of chlorinated paraffin will be consolidated smoothly in the short term.
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