SunSirs: The Price of Chlorinated Paraffin Fell in November (November 1-28)

Price trend

According to the monitoring data of SunSirs, the average factory price of domestic chlorinated paraffin 52 was 6,233 RMB/ton on November 1, and 5,933 RMB/ton on November 28. The price of chlorinated paraffin fell 4.81% this month.

Analysis review

According to the weekly increase and decrease from September 5, 2022 to November 27, 2022, the domestic chlorinated paraffin rose and fell with each other during the cycle, and many time was stable. After November, the decline was mainly downward, with the largest drop of - 2.14% in the week of November 7.

The chlorinated paraffin market trend fell in shock this month. In the first week of November, the price of chlorinated paraffin was generally stable, and the market did not fluctuate significantly. The overall price of raw materials was stable, and the cost support was average. Downstream procurement was mainly based on demand, and the market trading atmosphere was poor. In the second week of November, the price of chlorinated paraffin began to decline mainly, and the market fluctuated and fell to the end of the month. The price of liquid chlorine of raw materials decreased, and the cost support weakened. The supply of chlorinated paraffin was fair, the downstream demand was sluggish, the trading on the market was limited, and the wait-and-see mood in the industry increased. As of November 28, the ex factory quotation of chlorinated paraffin 52 in Anhui Province was about 6,400 RMB/ton, that in Northeast China was about 6,000 RMB/ton, and that in Shandong Province was about 5,400 RMB/ton.

In terms of raw material liquid wax, the price of liquid wax rose first and then fell this month, which fluctuated with the crude oil market. In the first half of the month, the market supply was tight, the price continued to strengthen, and began to decline in the second half of the month. As of the 28th, the liquid wax had been shipped steadily, and the transaction was fair. In terms of raw material liquid chlorine, the price of liquid chlorine decreased steadily this month. In the first ten days of November, the liquid chlorine market generally operated smoothly, with slight shocks in some areas and poor on-site shipments. Since the middle of November, the price of liquid chlorine in Shandong has dropped sharply, and the shipment on the market was slow, and the overall shipment was not smooth.

Market outlook

According to the chlorinated paraffin analysts of SunSirs, the current cost support of chlorinated paraffin is weakened, the demand side remains weak, and the chlorinated paraffin market is weak. Due to the domestic epidemic situation, transportation is affected, and the price difference among different regions is large. It is expected that in the short term, the chlorinated paraffin market will be dominated by narrow range finishing operation.

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