SunSirs: Weak Demand Led to a Decrease in the Price of Chlorinated Paraffin (October 28-November 3)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on October 28th was 5,866 RMB/ton. On November 3rd, the average market price of chlorinated paraffin 52 in China was 5,733 RMB/ton, and the price of chlorinated paraffin 52 fell by 2.27% this week.

Analysis review

The market price of chlorinated paraffin has fallen this week. This week, the price of raw material liquid wax has decreased, while the price of raw material liquid chlorine has increased. The cost side is mixed, and the overall support is weak. The enthusiasm for downstream procurement is average, and the market trading is weak, with a focus on rigid demand. Manufacturers' operating rates have decreased, and some manufacturers and distributors have lowered prices for shipments. As of November 3rd, the factory price of chlorinated paraffin 52 in Anhui Province is around 5900 RMB/ton, while the national standard market price of chlorinated paraffin 52 in Shandong Province is around 5,000-5,600 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax continued to decline this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has fluctuated and increased this week, with fair trading on the market and a positive market trend.

Market outlook

Chlorinated paraffin analysts from SunSirs believe that there are signs of stabilization in the market for chlorinated paraffin raw materials recently, with downstream on-demand procurement and a strong wait-and-see sentiment in the market. It is expected that in the short term, the price of chlorinated paraffin will be mainly sorted out, and it is recommended to pay attention to changes in cost and demand.

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