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SunSirs: Under the Support of Cost, the Price of Chlorinated Paraffin Rose (June 14-21)

June 25 2023 13:40:42     SunSirs (John)

Price trend

According to the commodity market analysis system of SunSirs, the average price of domestic chlorinated paraffin 52 market was 5,200 RMB/ton on June 14, and the average price of domestic chlorinated paraffin 52 market was 5,350 RMB/ton on June 21. The price of chlorinated paraffin rose 2.88% this week.

Analysis review

The market price of chlorinated paraffin rose this week. This week, the price of raw material liquid chlorine continued to rise, and the price of raw material liquid wax fluctuated slightly, with good cost support. Downstream demand was light, orders were mainly in needed and market trading volume was low. As of June 21, the ex factory quotation of chlorinated paraffin 52 at environmental protection level in Anhui was about 5,600 RMB/ton, that of chlorinated paraffin 52 at national standard level in Northeast China was about 5,000 RMB/ton, and that of chlorinated paraffin 52 at national standard level in Shandong was about ,4500-5,450 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax fluctuated this week, with the market fluctuating and liquid wax changing with the fluctuations of crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine continued to rise this week, and the price of liquid chlorine in Shandong region continued to rise, stabilizing in the future. The market transaction was fair, and manufacturer’s shipment was stable.

Market outlook

Analysts of chlorinated paraffin from SunSirs believe that the price of liquid chlorine as raw material continued to strengthen recently, and the cost boosted the price of chlorinated paraffin. However, demand performance remained weak, with insufficient follow-up on new orders. It is expected that the market price of chlorinated paraffin will be stable in the short term. It is suggested to pay attention to the change of raw material price.

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

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