Price trend
According to the Commodity Market Analysis System of SunSirs, the average market price of chlorinated paraffin 52 in China on May 8th was 5,500 RMB/ton. On May 12th, the average market price of chlorinated paraffin 52 in China was 5,500 RMB/ton, and the price of chlorinated paraffin 52 remained stable this week.
Analysis review
The chlorinated paraffin market price was stable this week. This week, the price of raw material liquid chlorine continued to rise, while the price of raw material liquid wax decreased, the cost support was limited. The terminal demand was weak, the purchasing enthusiasm was not good, and the market transaction atmosphere was light. As of May 12th, the ex factory quotation for chlorinated paraffin 52 in Anhui region was about 6,000 RMB/ton, the ex factory quotation for chlorinated paraffin 52 in Northeast region was about 5,500-5,800 RMB/ton, and the ex factory quotation for chlorinated paraffin 52 in Shandong region was about 4,500-5,000 RMB/ton.
In terms of raw material liquid wax, the price of liquid wax was stable and declined this week, and market demand was weak. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine in Shandong region continued to rise this week, with a positive market situation and stable shipments from manufacturers.
Market outlook
Chlorinated paraffin analysts from SunSirs believe that recent fluctuations in raw material prices were mixed, and cost support was still acceptable. The terminal demand continued to be sluggish, and the market trading volume was relatively low. It is expected that in the short term, the market price of chlorinated paraffin will be mainly weak and consolidated.
