Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,800 RMB/ton on October 16th. On October 23rd, the average market price of chlorinated paraffin 52 in China was 5,866 RMB/ton, and the price of chlorinated paraffin increased by 1.15% this week.

Analysis review

The market price of chlorinated paraffin had increased this week. This week, the price of raw material liquid wax fluctuated and decreased, while the price of raw material liquid chlorine increased. The cost side was mixed. Downstream procurement was on-demand, procurement were cautious, and market transactions were average. As of October 23rd, the factory quotation for chlorinated paraffin 52 in Anhui region was about 6,300 RMB/ton, while the factory quotation for chlorinated paraffin 52 in Shandong region was about 5,100-5,900 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax fluctuated and decreased this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine rose and stabilized first and then fell this week. The market situation was unstable, with consolidation being the main focus.

Market outlook

Chlorinated paraffin analysts from SunSirs believe that recently, raw material prices fluctuated and cost side provided support at high levels. Downstream demand was weak, market transactions were weak, and terminal demand needed to be released. It is expected that the price of chlorinated paraffin will be slightly adjusted and operated in the short term. It is recommended to pay attention to changes in the raw material market.

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