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SunSirs: Trading Volume Was Light, and the Price of Chlorinated Paraffin Was Stable (December 15-21)

December 22 2023 10:12:29     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,433 RMB/ton on December 15th, and the average market price of chlorinated paraffin 52 in China was 5,433 RMB/ton on December 21st. The price of chlorinated paraffin 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 had decreased, while the price of raw material liquid chlorine had increased. The cost side had fluctuated. As of December 21st, downstream demand for procurement was limited, and market transactions were limited. Manufacturers and distributors mainly observed and stabilized prices. As of December 21st, the ex factory price of environmentally friendly chlorinated paraffin 52 in Anhui Province was around 5,600 RMB/ton, and the national standard market price of  chlorinated paraffin 52in Shandong Province was around 5,000-5,500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax continued to decline this week and then stabilized, with liquid wax fluctuating with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had continued to rise this week. As of December 21st, 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, with average cost support. The demand in the terminal market was weak, and downstream demand for replenishment was urgent. It is expected that the price of chlorinated paraffin will remain stable in the short term, and it is recommended to pay attention to changes in cost and demand.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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