SunSirs: Trading Was Light, and the Price of Chlorinated Paraffin Was Stable (September 1-7)
September 08 2023 13:54:49 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on September 1st was 5,350 RMB/ton. On September 7th, the average market price of chlorinated paraffin 52 in China was 5,350 RMB/ton, and the price of chlorinated paraffin 52 remained stable this week.
Analysis review
The market price of chlorinated paraffin remained stable this week. This week, the price of raw material liquid wax increased, while the price of raw material liquid chlorine had decreased. The cost side was mixed. Downstream procurement was mainly on-demand, the market transactions were light and the wait-and-see atmosphere in the industry was strong. The manufacturer delivered at a stable price and overall trading performance was average. As of September 7th, the factory quotation for environmentally friendly chlorinated paraffin 52 in Anhui region was about 5,700 RMB/ton, while the factory quotation for national standard chlorinated paraffin 52 in Shandong region was about 5,000-5,350 RMB/ton.
In terms of raw material liquid wax, the price of liquid wax continued to rise this week, with a stronger trend. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine continued to decline this week, leading to a weak market situation and a poor trading atmosphere in the market.
Market outlook
Chlorinated paraffin analysts from SunSirs believe that the prices of raw materials had risen and fallen recently, and the neutralization cost was relatively stable. Terminal demand was weak, and market transactions were weak. It is expected that in the short term, the price of chlorinated paraffin will mainly be adjusted in a narrow range..
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