Price trend
According to data from SunSirs, the price of chlorinated paraffin rose this week. On May 10, the average ex-factory price of domestic chlorinated paraffin 52 was 5,766 RMB/ton. On May 14, the average ex-factory price of domestic chlorinated paraffin 52 was 5,866 RMB/ton. The price increased by 1.78% this week.
Analysis review
The domestic price of chlorinated paraffin 52 was stable during the week. As of the 14th, the factory price of chlorinated paraffin 52 in Anhui area was 5,600-5,900 RMB/ton, the price of chlorinated paraffin 52 in Northeast area was around 5,700 RMB/ton, and the price of chlorinated paraffin 52 in Hebei area was 5,000-5,500 RMB/ton. The ex-factory price of chlorinated paraffin 52 in Shaanxi area was about 6,000 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong was 5,000-5,400 RMB/ton.
In terms of raw material liquid wax, the liquid wax market remained stable this week, with good trading. The downstream purchased on demand, the supply of goods was tight, and the market would be stable mainly in the short term. In terms of raw material liquid chlorine, the price of liquid chlorine was low this week, the regional differences were relatively large, and the inventory was small.
Market outlook
The chlorinated paraffin analyst of SunSirs believes that the market for chlorinated paraffin raw materials is stable, the downstream demand is improving, and the market transaction volume is increasing. The market for chlorinated paraffin is expected to be firm in the short term and prices will continue to rise. It is recommended to pay attention to the raw material market and downstream follow-up status.