SunSirs: After the Holiday, the Chlorinated Paraffin Market Remained Stable and Improved (February 18-22)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,633 RMB/ton on February 18th. On February 22nd, the average market price of chlorinated paraffin 52 in China was 5,700 RMB/ton, and the price of chlorinated paraffin increased by 1.18% this week.

Analysis review

This week, the market price of chlorinated paraffin remained stable and rose. This week, raw material prices had decreased, and cost support had weakened. After the holiday, downstream enterprises had gradually resumed work, with on-demand procurement as the main focus, and the demand side was gradually recovering, with a strong wait-and-see mentality. Chlorinated paraffin manufacturers adjusted flexibly according to the market. As of February 22nd, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was about 6,300 RMB/ton, and the market price of 52 national standard chlorinated paraffin in Shandong region was about 5,200-5,900 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax had dropped this week. The market demand was average, 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. After the holiday, the trading atmosphere in the liquid chlorine market was still good, and downstream maintained replenishment on demand, real orders were mainly based on negotiations.

Market outlook

SunSirs' chlorinated paraffin analyst believes that the chlorinated paraffin market had been stable and improving recently. The raw material market was stabilizing, with a strong cautious attitude downstream, and market trading was still acceptable. It is expected that the price of chlorinated paraffin will slightly consolidate in the short term.

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