SunSirs: Market Trading Was Limited, and Chlorinated Paraffin Market Was Stable (April 15-19)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on April 19th was 5,700 RMB/ton, which was stable compared to the average price of 5,700 RMB/ton on April 15th.

Analysis review

The market price of chlorinated paraffin remained stable this week. This week, the price of raw material liquid wax had increased, while the price of raw material liquid chlorine had first increased and then decreased, and cost support was still acceptable. As of April 19th, chlorinated paraffin manufacturers were operating at low loads, and downstream procurement was in urgent need. Detailed discussions on actual orders were being conducted, and market transactions were limited. As of April 19th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was about 6,000 RMB/ton, and the market price of 52 national standard chlorinated paraffin in Shandong region was about 5,600-5,800 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax has continued to rise this week. The current market trend was improving, with liquid wax fluctuating with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine increased first and then decreased this week. As of April 19th, downstream demand had weakened, and the sales situation was not good. The actual orders were mainly based on negotiations.

Market outlook

According to Chlorinated Paraffin analysts from SunSirs, the recent decrease in raw material liquid chlorine prices had weakened cost support. The downstream demand for chlorinated paraffin was insufficient, and the market was mainly cautious. It is expected that the short-term market price of chlorinated paraffin will be adjusted and operated on a wait-and-see basis.

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