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SunSirs: Less Transactions, Chlorinated Paraffin Market Was Weak and Stable (December 30-January 5)
January 06 2023 11:03:41SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average factory price of domestic chlorinated paraffin 52 was 5,400 RMB/ton on December 30, and 5,400 RMB/ton on January 5. The price of chlorinated paraffin 52 was stable this week.

Analysis review

The market price of chlorinated paraffin was stable this week. This week, the price of raw material liquid chlorine fell back after rising, and the price of liquid wax continued to fall, with weak cost support. Downstream demand continued to be sluggish, and most purchases were made on demand, resulting in a cold trading atmosphere. Chlorinated paraffin manufacturers shipped at a stable price, and the market operated weakly and stably. As of January 5, the ex factory price of chlorinated paraffin 52 in Anhui was about 6,000 RMB/ton, the ex factory price of chlorinated paraffin 52 in Northeast China was 5,800 RMB/ton, and the ex factory price of chlorinated paraffin 52 in Shandong Province was about 4,500-5,000 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax continued to decline this week, and the market trading was average. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine rose first and then fell this week, and the enthusiasm for downstream procurement was not good, with few deals.

Market outlook

According to the chlorinated paraffin analysts of SunSirs, the market for chlorinated paraffin raw materials had weakened and the cost support was insufficient. The follow-up of terminal demand was insufficient, and the on-site trading was relatively small. Due to the overall weak performance of the raw material side and the demand side, it is expected that the chlorinated paraffin will operate weakly and stably in the short term.

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

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