Price trend
According to the monitoring data of SunSirs, the average ex-factory price of chlorinated paraffin 52 in China was 6,566 RMB/ton on June 6, and the average ex-factory price of chlorinated paraffin 52 in China on June 10 was 6,500 RMB/ton. This week, the price of chlorinated paraffin 52 fell 1.02%.
Analysis review
The price of chlorinated paraffin 52 fell slightly this week, and there were price differences in various regions, and the operating rate of enterprises was not high. The raw material market was stable and the cost support was acceptable. The downstream demand was flat, and the supply and demand of chlorinated paraffin were weak. As of June 10, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,800 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Northeast China was about 6,500 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong was about 6,200 RMB/ton.
In terms of raw material liquid wax, the price of liquid wax rose steadily this week. Due to the good trend of crude oil market, the liquid wax market was better. Trading on the floor was smooth, and the industry was more optimistic. The price of liquid chlorine was lowered this week, and some companies suspended quotations. Downstream demand was reduced, and new orders were limited.
Market outlook
The chlorinated paraffin analyst of SunSirs believes that the current overall market for chlorinated paraffin is weak. The raw materials fluctuated slightly, but the overall market was stable. The supply side and the demand side are weak, and the trading atmosphere on the market is deserted. It is expected that in the short term, the price of chlorinated paraffin will be weak and stable mainly.
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