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Chlorinated Paraffin News
SunSirs: The Trading Was Stable and the Price of Chlorinated Paraffin Was Stable (January 29-February 4)
February 05 2024 14:36:15SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on January 29th was 5,566 RMB/ton, and on February 4th, the average market price of chlorinated paraffin 52 in China was 5,566 RMB/ton. The price of chlorinated paraffin remained stable this week.

Analysis review

The market price of chlorinated paraffin remained stable this week. This week, raw material prices rose first and then fell, and the overall market rose, with increased cost support. Downstream demand was stable, with on-demand procurement as the main focus and a wait-and-see attitude before holidays. As of February 4th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was around 5,800 RMB/ton, and the national standard market price of 52 chlorinated paraffin in Shandong region was around 5,100-5,600 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax rose first and then fell this week, and the market supply was tight. 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. As of February 4th, the device was operating normally, and the manufacturer had stable shipments. Negotiations on transactions were the main focus.

Market outlook

SunSirs' chlorinated paraffin analyst believes that the chlorinated paraffin market had been running steadily in recent days. Prior to the holiday, downstream restocked on demand, with a cautious attitude as the main focus, and market trading was still acceptable. It is expected that the price of chlorinated paraffin will be stable and sorted out in the short term.

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

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