SunSirs: The Market Price of Chlorinated Paraffin Fell in May (May 1-26)
May 30 2023 11:00:17 SunSirs (John)
Price trend
According to the commodity market analysis system of SunSirs, the average market price of domestic chlorinated paraffin 52 was 5,533 RMB/ton on May 1, and 5,433 RMB/ton on May 26. The market price of chlorinated paraffin 52 fell 1.81% this month.
Analysis review
The market price of chlorinated paraffin fell this month. This month, the price of raw material liquid chlorine fluctuated, while the price of raw material liquid wax first fell and then rose, with average cost support. Downstream demand was weak, procurement enthusiasm was poor, and market transactions were weak. As of May 26th, the ex factory quotation for chlorinated paraffin 52 in Anhui region was about 5,800 RMB/ton, the ex factory quotation for chlorinated paraffin 52 in Northeast region was about 5,500-5,800 RMB/ton, and the ex factory quotation for chlorinated paraffin 52 in Shandong region was about 4,500-5,000 RMB/ton.
In terms of raw material liquid wax, the price of liquid wax h first decreased and then increased this month, and market demand was weak. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine was mixed and fluctuated this month. The market transaction was acceptable, and the manufacturer's shipment was stable.
Market outlook
Chlorinated paraffin analysts from SunSirs believe that raw material prices were mixed recently, and cost support was still acceptable. The terminal demand continued to be sluggish, and the market had a strong wait-and-see sentiment. It is expected that the market price of chlorinated paraffin will be stable in the short term.
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- 2024-04-30 SunSirs: In April, the Chlorinated Paraffin Market Rose First and Then Fell
- 2024-04-24 SunSirs: Market Trading Was Limited, and Chlorinated Paraffin Market Was Stable (April 15-19)
- 2024-04-12 SunSirs: Under Cost Support, the Price of Chlorinated Paraffin Had Increased (April 5-11)
- 2024-04-09 SunSirs: Driven by Cost, the Price of Chlorinated Paraffin Had Increased (April 1-7)
