SunSirs: Raw Materials Fell, Chlorinated Paraffin Market Was Weak (November 18-24)
November 25 2022 10:23:24 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the average factory price of domestic chlorinated paraffin 52 was 6,033 RMB/ton on November 18, and 6,000 RMB/ton on November 24. The price of chlorinated paraffin 52 fell 0.55% this week.
Analysis review
The domestic price of chlorinated paraffin 52 fell slightly this week. The prices of liquid wax and liquid chlorine of raw materials continued to decline this week, with weak market trend and insufficient cost support. The downstream demand of chlorinated paraffin was still sluggish, the market trading was poor, and the industry was mainly wait-and-see. As of November 24, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 6,400 RMB/ton, that in Northeast China was about 6,000 RMB/ton, and that in Shandong was about 5,600 RMB/ton.
In terms of raw material liquid wax, the price of liquid wax continued to fall this week, and the market followed the trend of crude oil. The liquid wax was shipped stably, and the transaction was average. In terms of raw material liquid chlorine, the liquid chlorine market mainly declined this week, and the liquid chlorine market in Shandong Province fell sharply. The on-site shipment was slow, and the overall shipment was not smooth.
Market outlook
According to the chlorinated paraffin analysts of SunSirs, the cost support of chlorinated paraffin was weak, the demand side performance continued to be sluggish, and the overall market of chlorinated paraffin was weak. It is expected that the chlorinated paraffin market will be dominated by weak and stable operation in the short term, and it is recommended to pay attention to the changes in the feedstock side.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-04-24 SunSirs: Market Trading Was Limited, and Chlorinated Paraffin Market Was Stable (April 15-19)
- 2024-04-12 SunSirs: Under Cost Support, the Price of Chlorinated Paraffin Had Increased (April 5-11)
- 2024-04-09 SunSirs: Driven by Cost, the Price of Chlorinated Paraffin Had Increased (April 1-7)
- 2024-03-29 SunSirs: The Market Price of Chlorinated Paraffin Fell in March
- 2024-03-22 SunSirs: Poor Demand, the Chlorinated Paraffin Prices Decreased (March 15-21)
