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SunSirs: Driven by Cost, the Price of Chlorinated Paraffin Had Increased (April 1-7)

April 09 2024 10:54:08     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on April 1st was 5,616 RMB/ton. On April 7th, the average market price of chlorinated paraffin 52 in China was 5,650 RMB/ton, and the price of chlorinated paraffin increased by 0.59% this week.

Analysis review

The market price of chlorinated paraffin ha的 increased this week. This week, the prices of raw material liquid wax and liquid chlorine had increased, leading to increased cost support. Driven by cost assistance, chlorinated paraffin enterprises had slightly increased their quotations. As of April 7th chlorinated paraffin manufacturers were operating at low loads, and downstream procurement was required. Detailed discussions on actual orders were needed. As of April 7th, the ex factory price of 52 environmentally friendly chlorinated paraffins in Anhui region was about 6,000 RMB/ton, and the national standard market price of 52 chlorinated paraffins in Shandong region was about 5,400-5,800 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax had increased this week. The cmarket trend was improving, with liquid wax fluctuating with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine fluctuated and increased this week. The market transaction atmosphere was improving, and the sales were still good, with actual orders and negotiations being the main focus.

Market outlook

SunSirs' chlorinated paraffin analyst believes that the chlorinated paraffin market has slightly increased recently. As of April 7th, the cost side had strong support, and the demand side was mainly based on demand. The market maintained a cautious wait-and-see attitude. It is expected that the market price of chlorinated paraffin will remain stable and rise in the short term.

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

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