SunSirs: In 2022, the Market of Chlorinated Paraffin Rose First and Then Fell, with Overall Falls in Shock-Ⅰ

Price trend of chlorinated paraffin in 2022

According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 6,375 RMB/ton on January 1, and the average ex-factory price of domestic chlorinated paraffin 52 was 5,400 RMB/ton on December 31. In 2022, the total price of chlorinated paraffin 52 fell by 15.29%. The highest price of chlorinated paraffin in the year was 6,737 RMB/ton, and the lowest price in the year was 5,400 RMB/ton.

Analysis review

In 2022, the market trend of chlorinated paraffin mainly fluctuated and declined. From the beginning of the year, the price of chlorinated paraffin fluctuated at a high level, rose to the highest level in March and then fell to August, rebounded from the bottom and rose again to October, and fell again to the end of the year from November. According to the chart of the rise and fall of 2022, the largest increase in the year was in March, with an increase of 9.61%. The biggest drop in the year was in December, with a drop of 7.95%.

Annual data

In 2022, the global total production capacity of chlorinated paraffin was about 3.1 million tons, mainly concentrated in China, accounting for 65% of the global total production capacity. In 2022, the market size of chlorinated paraffin in China reached 5.381 billion RMB/ton, and the global market size of chlorinated paraffin reached 14.481 billion RMB/ton. In 2022, China's chlorinated paraffin enterprises have reached more than 1,000, mainly distributed in Henan, Hebei, Shandong, Jiangsu, Guangdong and other regions, among which there were a large number of chlorinated paraffin enterprises in Henan.

Market outlook

According to the chlorinated paraffin analysts of SunSirs, there was still overcapacity in chlorinated paraffin in 2022, and the inventory was lower than in previous years. In the first half of 2022, it was at a high level and the trend in the second half was weak. It is expected that the market of chlorinated paraffin will mainly be consolidated in 2023, mainly depending on the change of demand side.

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