SunSirs: Transaction Was Weak, and Chlorinated Paraffin Prices Was Falling (December 1-7)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on December 1st was 5,533 RMB/ton. On December 7th, the average market price of chlorinated paraffin 52 in China was 5,433 RMB/ton. This week, the price of chlorinated paraffin was decreased by 1.81%.

Analysis review

The market price of chlorinated paraffin had fallen this week. This week, the prices of raw material liquid wax and liquid chlorine were lowered, resulting in insufficient cost support. As of December 7th, there was no significant improvement in the demand side of downstream procurement for essential needs. Manufacturers and distributors were mainly observing and adjusting prices flexibly. As of December 7th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was around 5,600 RMB/ton, and the national standard market price of 52 chlorinated paraffin in Shandong region was around 5,000-5,500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax had slightly decreased this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had dropped this week. As of December7th, the device was operating normally, and on-site trading was still acceptable, with transaction negotiations being the main focus.

Market outlook

SunSirs' chlorinated paraffin analyst believes that the market for chlorinated paraffin raw materials had stabilized recently, downstream procurement was on-demand, market was demand, and trading was limited. It is expected that the price of chlorinated paraffin will was stable and sorted out din the short term, and it is recommended to pay attention to changes in cost and demand.

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