Price trend
According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on April 28th was 5,666 RMB/ton, which was 0.89% higher than the average price of 5,616 RMB/ton on April 1st.
Analysis review
This month, the market price of chlorinated paraffin was initially suppressed and then increased. In early April, the prices of raw material liquid wax and liquid chlorine increased, providing strong cost support. Driven by cost assistance, chlorinated paraffin enterprises had raised their quotations. In mid April, the market price of chlorinated paraffin remained stable. The manufacturer was operating at low load, downstream procurement was required, and actual orders were discussed in detail, with limited market investment. In late April, the raw material liquid wax market weakened, and the market price of chlorinated paraffin fell. As of April 28th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was about 6,000 RMB/ton, and the market price of 52 national standard chlorinated paraffin in Shandong region was about 5,500-5,800 RMB/ton.
In terms of raw material liquid wax, the price of liquid wax rose first and then fell this month. As of April 28th, the market trend was weak, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine fluctuated this month. As of April 28th, the market trend was improving, and the shipment situation was still good. The actual orders were mainly based on negotiations.
Market outlook
According to Chlorinated Paraffin analysts from SunSirs, the prices of raw material liquid wax had continued to decline recently, with average cost support. The downstream demand for chlorinated paraffin was average, with limited market trading. It is expected that the market price of chlorinated paraffin will be consolidated to be weaker in the short term.
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