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SunSirs: The Cost Increased and the Price of Chlorinated Paraffin Increased (February 10-16)

February 17 2023 14:11:20     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,566 RMB/ton on February 10, and the average market price of chlorinated paraffin 52 in China was 5,733 RMB/ton on February 16. The price of chlorinated paraffin rose 2.99% this week.

Analysis review

The market price of chlorinated paraffin rose this week. The price of raw material liquid chlorine continued to rise this week, and the cost support was strengthened. The market demand was stable, the trading atmosphere was fair, and the chlorinated paraffin market was operating steadily and well. Downstream procurement was based on demand, and terminal demand was to be released. As of February 16, the ex-factory price of chlorinated paraffin 52 in Anhui Province was about 6,300 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong Province was about 5,400 RMB/ton.

In terms of raw liquid wax, the price of liquid wax rose first and then fell this week. The market transaction atmosphere was not good, and the liquid wax fluctuated with the crude oil market. In terms of raw liquid chlorine, the price of liquid chlorine rose this week, with good market transactions and smooth enterprise shipments.

Market outlook

The chlorinated paraffin analyst of SunSirs believes that the price of liquid chlorine, the raw material of chlorinated paraffin, rose recently. With the help of cost, the market of chlorinated paraffin was going well. With the increase of intra-field trading, the downstream demand gradually warmed up. It is expected that the market price of chlorinated paraffin will be stable and rise in the short term.

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