SunSirs: Demand Was Poor, and Prices of Chlorinated Paraffin Was Stable (March 8-14)

https://www.chemnet.com   Mar 15,2024 SunSirs

　　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 8th, and the average market price of chlorinated paraffin 52 in China was 5,800 RMB/ton on March 14th. 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 risen, while the price of raw material liquid wax had fallen, and the cost side had fluctuated. Downstream procurement was mainly on-demand, with poor market demand and average transaction atmosphere. Chlorinated paraffin manufacturers maintained stable prices for shipments, distributors adjusted flexibly, and discussed actual orders in detail. As of March 14th, 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 5,500-5,900 RMB/ton.

　　In terms of raw material liquid wax, the price of liquid wax had continued to decline this week. The market trend was not good, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine had increased this week. The market transaction atmosphere had improved, with downstream on-demand procurement and real order negotiation as the main focus.

　　Market outlook

　　SunSirs' chlorinated paraffin analyst believes that the chlorinated paraffin market had been running steadily in recent days. There was still support on the cost side, and there was room for follow-up on the demand side. The market was mainly cautious and wait-and-see. It is expected that the price of chlorinated paraffin will be stable and sorted out in the short term.

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