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SunSirs: The Trading Improved, and the Price of Chlorinated Paraffin Increased (January 8-12)

January 15 2024 11:16:30     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 8th was 5,500 RMB/ton. On January 12th, the average market price of chlorinated paraffin 52 in China was 5,566 RMB/ton, and the price of chlorinated paraffin increased by 1.21% this week.

Analysis review

The market price of chlorinated paraffin had increased this week. This week, the supply of raw materials was tight, and the price of raw material liquid wax had increased. The price of raw material liquid chlorine had decreased, and the cost side had fluctuated. The terminal demand was stable and improving, downstream purchases were made on demand, chlorinated paraffin manufacturers were steadily shipping, and some companies were raising their prices. As of January 12th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui Province was around 5,800 RMB/ton, and the national standard market price of 52 chlorinated paraffin in Shandong Province was around 5,100-5,500 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax continued to rise this week, and the market supply was tight. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had remained stable and declined this week. As of January 12th, the device was operating normally, and the manufacturer had stable shipments. Negotiations on transactions were the main focus

Market outlook

SunSirs' chlorinated paraffin analyst believes that the chlorinated paraffin market had been stable and improving recently. The demand for environmental protection had increased, and the supply of raw materials had been reduced. It is expected that the short-term price of chlorinated paraffin will adjust flexibly with the market, with narrow consolidation and operation as the main focus.

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

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