SunSirs: The Transaction Was Light, and Chlorinated Paraffin Operated Weakly and Stably (June 5-9)

Price trend

The trading volume was light, and chlorinated paraffin operated weakly and steadily (6.5-6.9). According to the commodity market analysis system of SunSirs, the average price of chlorinated paraffin 52 in the domestic market was 5,266 RMB/ton on June 5, and the average price of chlorinated paraffin 52 in the domestic market was 5,266 RMB/ton on June 9. The price of chlorinated paraffin was stable this week.

Analysis review

The market price of chlorinated paraffin was stable this week. This week, the price of raw material liquid chlorine first fell and then rose, while the price of raw material liquid wax slightly decreased, and cost support was average. Downstream demand was relatively low, the orders just in needed were the main focus and the shipments from manufacturers were stable. As of June 9, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 5,800 RMB/ton, the ex factory quotation of chlorinated paraffin 52 in Northeast China was about 5,000 RMB/ton, and the ex factory quotation of chlorinated paraffin 52 in Shandong Province was about 4,400-5,000 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax steadily declined this week, and the market transaction price had fallen. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine was initially suppressed and then increased this week, and the price was stabilizing. The market trading volume was flat, and the manufacturer's shipment situation was average.

Market outlook

Analysts from chlorinated paraffin SunSirs believe that the price of raw materials had fluctuated slightly in recent days, and the cost side support was limited. The performance of terminal demand was weak, and there was insufficient follow-up in market trading. It is expected that the market price of chlorinated paraffin will be weak and stable in the short term. It is suggested to pay attention to the change of raw material price.

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