Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 5,883 RMB/ton on August 1, and the average ex-factory price of domestic chlorinated paraffin 52 on August 29 was 5,850 RMB/ton. The price of chlorinated paraffin fell 0.57% this month.

Analysis review

The price of chlorinated paraffin first fell and then rose this month, and the market conditions fluctuated slightly. Chlorinated paraffin prices fell in early August. The price of chlorinated paraffin raw materials, liquid chlorine and liquid wax, was reduced, and the cost support was insufficient. The downstream demand for chlorinated paraffin was sluggish, the trading volume in the market was average, and the downstream was mainly cautious and wait-and-see. Chlorinated paraffin prices rose in mid-August. The price of chlorinated paraffin raw material liquid wax was rising, the price of raw material liquid chlorine fluctuated mainly, and the price of liquid chlorine in Shandong region was generally rising. The cost support was favorable, and the market trading atmosphere needed to be improved. The price of chlorinated paraffin was stable in late August. Market demand improved. As of August 29, 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 about 5,500 RMB/ton, and the market price of chlorinated paraffin 52 in Shandong    was 5,850-6,050 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax rose this month. The market followed the changes in crude oil prices, and the market was generally trading. It is recommended to pay attention to changes in crude oil. In terms of raw material liquid chlorine, the price of liquid chlorine rose this month. Manufacturers has a strong intention to raise prices, downstream demand was weak, and just needed to purchase mainly.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the trend of the chlorinated paraffin raw material market this month is stable and rising, and the cost support is improving. At the end of the month, downstream demand has increased, and the market trading atmosphere is acceptable. The cost side may continue the upward trend, and it is expected that the chlorinated paraffin market will run steadily and upward in the short term.

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