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SunSirs: Cost Increased and the Price of Chlorinated Paraffin Increased (January 1-7)

January 10 2024 09:49:01     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on January 1st was 5,433 RMB/ton. On January 7th, the average market price of chlorinated paraffin 52 in China was 5,500 RMB/ton, and the price of chlorinated paraffin increased by 1.23% this week.

Analysis review

The market price of chlorinated paraffin had increased this week. This week, the prices of raw material liquid wax and liquid chlorine had increased, leading to increased cost support. Downstream on-demand procurement, chlorinated paraffin manufacturers maintained stable shipments, and some enterprises increased prices with raw materials. As of January 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 5,100-5,500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax fluctuated and increased this week, 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 January 7th, the devices were operating normally, and on-site trading was still acceptable, with transaction negotiations being the main focus.

Market outlook

SunSirs' chlorinated paraffin analysts believe that the market for chlorinated paraffin raw materials had been stable and rising recently. Although there was support on the cost side, terminal demand was weak, and the market still maintained a cautious attitude. It is expected that the price of chlorinated paraffin will be adjusted and operated within a narrow range in the short term. 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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