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Demand side performance is sluggish, and the overall weak performance of chlorinated paraffins

Source: Jintou.com

1. Price trend

According to SunSirs monitoring data, the average price of domestic chlorinated paraffin ex-factory 52 on November 11 was 6116 yuan/ton, and the average price of domestic chlorinated paraffin ex-factory 52 on November 17 was 6033 yuan/ton down 1.36%.

2. Market analysis

This week, the price of chlorinated paraffin is mostly down 52. This week, the price of raw material liquid chlorine was reduced, and the cost support was weakened. The supply of chlorinated paraffins is acceptable, downstream demand is slow, market transactions are limited, and the wait and see sentiment in the industry is increasing. As of November 17, the ex-factory price of chlorinated paraffin 52 in Anhui is about 6,400 yuan / ton, the ex-factory price of chlorinated paraffin 52 in northeast China is about 6,000 yuan / ton, and the ex-factory chlorinated price. Paraffin 52 in Shandong is about 5,700 yuan/ton.

As for raw material liquid wax, the price of liquid wax continued to rise this week, the shipment of liquid wax was stable, and the transaction was acceptable. As for raw material liquid chlorine, the price of liquid chlorine has dropped sharply this week, the market trading is poor, and the overall supply is not smooth.

3. Market Outlook Forecast

SunSirs chlorinated paraffin analysts believe that the current cost support for chlorinated paraffins has weakened, demand-side performance is sluggish, and the overall performance of chlorinated paraffins is weak. Chlorinated paraffins are expected to remain weak in the short term, and it is recommended to pay attention to changes in the raw material market.

(Article source: SunSir)

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