Chemical News
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SunSirs: Trading Was Fair, the Market of Chlorinated Paraffin Fluctuated in a Narrow Range (October 14-20)
https://www.chemnet.com Oct 24,2022 SunSirs
According to the monitoring data of SunSirs, the average factory price of domestic chlorinated paraffin 52 was 6,216 RMB/ton on October 14, and the average factory price of domestic chlorinated paraffin 52 was 6,233 RMB/ton on October 20. This week, the price of chlorinated paraffin rose 0.27%.
Analysis review
The price of chlorinated paraffin fluctuated up slightly this week, and the market trading atmosphere was flat. The high level of the raw material liquid chlorine market stabilized, the overall price of the raw material liquid wax was stable, and the cost side sorted out to run. The downstream mainly purchased on demand, and the manufacturer's shipment was stable. As of October 20, the ex factory quotation of chlorinated paraffin 52 in Anhui Province was about 6,600 RMB/ton, that in Northeast China was about 5,800 RMB/ton, and that in Shandong Province was about 6,300 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, the market price of liquid chlorine in Shandong Province was stable after falling from a high level this week, while other regions were generally stable, with poor market performance.
Market outlook
The chlorinated paraffin analysts of SunSirs believe that the market of chlorinated paraffin raw materials was stable recently, and the cost support was fair. The downstream of chlorinated paraffin purchased on demand, and the transaction in the market was limited. It is expected that the price of chlorinated paraffin will be sorted out and runs steadily in the short term.
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