SunSirs: Trading Volume Was Weak, and the Price of Chlorinated Paraffin Decreased (April 7-13)

https://www.chemnet.com   Apr 14,2023

　　Price trend

　　According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on April 7th was 5,666 RMB/ton. On April 13th, the average market price of chlorinated paraffin 52 in China was 5,566 RMB/ton. This week, the price of chlorinated paraffin 52 decreased by 1.76%.

　　Analysis review

　　Chlorinated paraffin market prices fell this week. This week, the price of raw material liquid chlorine fell first and then rose, while the price of raw material liquid wax increased. Cost side support was still acceptable. As of the 13th, downstream demand was sluggish, and the market transaction atmosphere was light. As of April 13th, the factory price of environmentally friendly chlorinated paraffin 52 in Anhui region was about 6,000 RMB/ton, the factory price of national standard chlorinated paraffin 52 in Northeast region was about 5,500-5,800 RMB/ton, and the factory price of national standard chlorinated paraffin 52 in Shandong region was about 5,200 RMB/ton.

　　In terms of raw material liquid wax, the price of liquid wax continued to rise this week, and the market atmosphere was improving. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine was initially suppressed and then increased this week, and after a significant decline at the beginning of the week, it rebounded and rose. As of the 13th, it was temporarily operating steadily.

　　Market outlook

　　Analysts from SunSirs's chlorinated paraffin believe that the trend of raw material liquid chlorine was stable recently, while the trend of liquid wax was stronger, with good cost support. However, terminal demand was weak, procurement enthusiasm was weak, and market trading volume was relatively low. It is expected that the chlorinated paraffin market price will be mainly sorted to stabilize in the short term.

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