SunSirs: Mainly Based on Demand, the Price of Chlorinated Paraffin Was Stable (July 14-20)

Price trend

According to the commodity market analysis system of SunSirs, the average market price of domestic chlorinated paraffin 52 was 5,250 RMB/ton on July 14, and the average market price of domestic chlorinated paraffin 52 was 5,250 RMB/ton on July 20. 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 continued to rise, while the price of raw material liquid wax first rose and then fell, with good cost support. However, the enthusiasm for downstream procurement was average, replenishment was mainly based on demand, and the market had a strong wait-and-see sentiment. As of July 14, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 5,600 RMB/ton, and that of chlorinated paraffin 52 in Shandong was about 4,800-5,150 RMB/ton.

In terms of raw material liquid wax, this week's trend of liquid wax was initially upward and then downward, and it was stabilizing as of July 20. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine continued to rise this week, and the trend of the Shandong region's liquid chlorine market continued to improve. Market transactions increased, and manufacturers stabilized their shipments.

Market outlook

Analysts of chlorinated paraffin from SunSirs believe that the price of liquid chlorine in raw materials strengthened recently, and the cost side support was well. There was currently no improvement in the terminal end, and there were relatively few new orders traded. It is expected that the price of chlorinated paraffin will be stable and improved in the short term. It is suggested to pay attention to changes in cost and demand side.

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