SunSirs: The Market of Chlorinated Paraffin Was Stable (October 31-November 4)
November 07 2022 13:42:11 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the average factory price of domestic chlorinated paraffin 52 was 6,233 RMB/ton on October 31, and 6,233 RMB/ton on November 4. The price of chlorinated paraffin 52 was stable this week.
Analysis review
The price of chlorinated paraffin was generally stable this week, and there was no major fluctuation in the market. The price of liquid chlorine in raw materials was first depressed and then increased. The overall price of liquid wax in raw materials was stable, and the cost support was general. Downstream procurement was mainly based on demand, and the market trading atmosphere was poor. As of November 4, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 6,600 RMB/ton, that in Northeast China was about 6,000-6,200 RMB/ton, and that in Shandong Province was about 6,100 RMB/ton.
In terms of raw material liquid wax, the market price of liquid wax this week was stable, and the liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, liquid chlorine rebounded slightly after a continuous decline this week, and downstream stock increased, with active trading on the market.
Market outlook
According to the chlorinated paraffin analysts of SunSirs, the liquid chlorine market of chlorinated paraffin materials has rebounded slightly and the cost support is acceptable. The downstream of chlorinated paraffin purchases mainly on demand, and the demand side is still sluggish. It is expected that chlorinated paraffin will operate smoothly in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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- 2024-03-22 SunSirs: Poor Demand, the Chlorinated Paraffin Prices Decreased (March 15-21)
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