SunSirs: Supply and Demand Was Balanced, and the Price of Chlorinated Paraffin Was Stable (March 1-7)

https://www.chemnet.com   Mar 08,2024 SunSirs

　　Price trend

　　According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China was 5,800 RMB/ton on March 1st, and the average market price of chlorinated paraffin 52 in China was 5,800 RMB/ton on March 7th. The price of chlorinated paraffin remained stable this week.

　　Analysis review

　　The market price of chlorinated paraffin remained stable this week. This week, the price of raw material liquid chlorine had increased, while the price of raw material liquid wax had first increased and then decreased, providing good cost support. Downstream procurement was mainly on-demand, market supply and demand was balanced, and transaction atmosphere was acceptable. Chlorinated paraffin manufacturers maintained stable prices for shipments, with detailed discussions on actual orders. As of March 7th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region was about 6,300 RMB/ton, and the market price of 52 national standard chlorinated paraffin in Shandong region was about 5,600-5,800 RMB/ton.

　　In terms of raw material liquid wax, the price of liquid wax increased first and then decreased this week. The market demand was stable, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had continued to rise this week. The market transaction atmosphere was still good, and downstream demand for replenishment was maintained, and the actual price is mainly negotiated..

　　Market outlook

　　SunSirs' chlorinated paraffin analyst believes that the chlorinated paraffin market had been running steadily in recent days. The market demand needed to be improved, and many companies in the industry were in urgent need of restocking, mainly being cautious. It is expected that the price of chlorinated paraffin will narrowly consolidated in the short term.

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