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SunSirs: The Trading Was Flat and the Chlorinated Paraffin Ran Weakly (January 6-12)

January 13 2023 13:40:33     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 5,300 RMB/ton on January 6, and the average ex-factory price of domestic chlorinated paraffin 52 was 5,200 RMB/ton on January 12. The price of chlorinated paraffin 52 fell 1.89% this week.

Analysis review

The market price of chlorinated paraffin fell this week. This week, the price of raw material liquid chlorine was stable, the price of liquid wax rose, and the cost support was acceptable. Downstream demand continued to be sluggish, and most of them purchased just on demand, with light transactions. The shipments of chlorinated paraffin manufacturers were stable, and the focus of market transactions was lowered. As of January 12, the ex-factory price of chlorinated paraffin 52 in Anhui Province was about 5,700 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Northeast China was about 55,00 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong Province was about 4,400-4,500 RMB/ton.

In the aspect of raw liquid wax, the price of liquid wax rose this week, and the trading in the market was fair. The liquid wax fluctuated with the crude oil market. In terms of raw liquid chlorine, the price of liquid chlorine was stable this week, and the manufacturers' shipments were stable, and the downstream purchases were mainly based on demand.

Market outlook

According to the chlorinated paraffin analyst of SunSirs, the market of chlorinated paraffin raw materials was stable and the cost support was general. As the Spring Festival holiday approaching, downstream demand weakened and intra-field transactions were relatively small. It is expected that chlorinated paraffin will run 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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