SunSirs: Cost Supported, and the Price of Chlorinated Paraffin Increased (September 18-22)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,600 RMB/ton on September 18th. On September 22nd, the average market price of chlorinated paraffin 52 in China was 5,733 RMB/ton, and the price of chlorinated paraffin 52 increased by 2.38% this week.

Analysis review

The market price of chlorinated paraffin had increased this week. This week, the price of raw material liquid wax increased, while the price of raw material liquid chlorine first fell and then rose, and cost support increased. Downstream procurement was mainly on-demand and cautious, and the market transactions were average. Due to the continuous high prices of raw material liquid wax, most chlorinated paraffin manufacturers raised their prices. As of September 22nd, the factory price of environmental grade chlorinated paraffin 52 in Anhui region was about 6,100 RMB/ton, while the factory price of national standard chlorinated paraffin 52 in Shandong region was about 5,300-5,900 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax continued to rise this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had fluctuated this week, and the market situation was unstable, with consolidation being the main focus.

Market outlook

Chlorinated paraffin industry analysts from SunSirs believe that the recent trend in raw material prices was positive, but terminal demand support was limited, and the chlorinated paraffin industry was operating cautiously. It is expected that the price of chlorinated paraffin will be mainly adjusted and operated in the short term. It is recommended to pay attention to changes in the raw material market.

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