1. Price trend
According to SunSirs monitoring data, the average price of domestic chlorinated paraffin ex-factory 52 was 6,233 yuan / ton on November 1, and the average price of domestic chlorinated paraffin ex-factory 52 was 5,933 yuan / ton on November 28, and the price of chlorinated paraffins decreased 4.81% this month.
2. Market analysis
According to the weekly rise and fall between September 5, 2022 and November 27, 2022, it can be seen that domestic chlorinated paraffins have mixed ups and downs during the cycle, and are more stable. Heading into November, the main trend is down, with the largest increase in October being -2.14% in the week of November 7.
The market trend of chlorinated paraffin fluctuated and fell this month. During the first week of November, the price of chlorinated paraffins was generally stable, and there was no major fluctuation in the market. The general price of raw materials is stable, and the support on the cost side is average. Downstream purchases are mostly on demand, and the market trading atmosphere is not good. In the second week of November, the price of chlorinated paraffins began to fall, and the market fluctuated and fell until the end of the month. The price of raw material liquid chlorine has been reduced, and cost support has 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 28, 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 5,400 yuan/ton.
As for raw material liquid wax, the price of liquid wax first rose and then fell this month, fluctuating with the fluctuation of the crude oil market. During the first half of the month, supply in the market was tight, and the price continued to strengthen, but began to decline in the second half of the month. Currently, the shipment of liquid wax is stable, and the transaction is acceptable. As for raw material liquid chlorine, the price of liquid chlorine has been consistently reduced this month. During the first ten days of November, the liquid chlorine market was generally stable and running, with small fluctuations in some areas, and poor loads in the market. Since the middle of November, the price of liquid chlorine in Shandong has dropped sharply, and the shipments in the field have been slow, and the delivery of goods in general has been difficult.
3. Market Outlook Forecast
SunSirs chlorinated paraffin analysts believe that the current cost support for chlorinated paraffins has weakened, the demand side remains weak, and the market for chlorinated paraffins is weak. Due to the impact of the domestic epidemic on transport, the prices in different regions of the country vary greatly. The chlorinated paraffin market is expected to operate mainly within a narrow range in the short term.
(Article source: SunSir)
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