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SunSirs: The Market Was Light and the Price of Chlorinated Paraffin Was Stable (July 10-14)

July 18 2023 14:33:21     SunSirs (John)

Price trend

According to the commodity market analysis system of SunSirs, the average price of domestic chlorinated paraffin 52 market was 5,250 RMB/ton on July 10, and the average price of domestic chlorinated paraffin 52 market was 5,250 RMB/ton on July 14. The price of Chlorinated paraffin was stable this week.

Analysis review

The market price of chlorinated paraffin was stable this week. After the price increase of raw material liquid chlorine this week, it was running smoothly, and the price of raw material liquid wax increased, providing good cost support. However, downstream demand was average, mainly in need of replenishment, and market trading was weak. As of July 14, the ex factory quotation of environmental protection level chlorinated paraffin 52 in Anhui was about 5,600 RMB/ton, and the ex factory quotation of national standard level chlorinated paraffin 52 in Shandong was about 4,700-5,150 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax steadily increased this week, and the market was operating well. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine temporarily stabilized after rising this week, and the price of liquid chlorine in Shandong region was mainly stable. Market transactions were still good, and manufacturers had stabilized their shipments.

Market outlook

Analysts of chlorinated paraffin from SunSirs believe that the price of raw materials stabilized recently, and there was no major fluctuation in chlorinated paraffin market for the time being. The performance of terminal demand was poor, with fewer new orders traded. It is expected that the market price of Chlorinated paraffin will run smoothly in the short term. It is suggested to pay attention to changes in cost and demand side.

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

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