1、 Price trend
According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China was 5733 yuan/ton on November 3. On November 9, the average market price of chlorinated paraffin 52 in China was 5633 yuan/ton, and the price of chlorinated paraffin 52 fell by 1.74% this week.
2、 Market analysis
The market price of chlorinated paraffin has fallen this week. This week, the price of raw material liquid wax rose first and then fell, while the price of raw material liquid chlorine rose, providing support on the cost side. However, the market demand is weak, and downstream inquiries are relatively few, with a focus on rigid demand. Manufacturers and distributors often adopt a wait-and-see attitude. As of November 9th, the factory price of chlorinated paraffin 52 in Anhui Province is about 5900 yuan/ton, and the national standard market price of chlorinated paraffin 52 in Shandong Province is about 4800-5600 yuan/ton.
In terms of raw material liquid wax, the price of liquid wax rose first and then fell this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has increased this week, and on-site trading is still acceptable, with relatively stable market demand.
3、 Future Market Forecast
Analysts from Business Society’s chlorinated paraffin believe that the recent stable price of chlorinated paraffin has been the main trend, with downstream procurement on demand and relatively light demand. It is expected that the prices of chlorinated paraffins will stabilize and operate in the short term. It is recommended to pay attention to changes in costs and demand.
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