Source: www.jintou.com
1. Price trend
According to the monitoring data of SunSirs, the average ex-factory price of domestic 52 chlorinated paraffin was 6,233 yuan/ton on November 1, and the average ex-factory price of domestic 52 chlorinated paraffin was 5,933 yuan/ton on November 28 and the price of chlorinated paraffins decreased by 4.81% this month.
2. Market analysis
According to the weekly rise and fall from September 5, 2022 to November 27, 2022, it can be seen that domestic chlorinated paraffins have mixed rises and falls during the cycle, and are more stable. In early November, the downtrend is the main trend, and the biggest increase in October is -2.14% in the week of November 7.
The performance of the chlorinated paraffin market has fluctuated and declined this month. In the first week of November, the price of chlorinated paraffins was generally stable and there were no major fluctuations in the market. The overall commodity price is stable and cost support is average. Downstream purchases are mostly on demand, and the market’s trading atmosphere is not good. In the second week of November, the price of chlorinated paraffins started to decline and the market fluctuated and fell until the end of the month. The price of liquid chlorine as a raw material has been lowered and cost support has weakened. Chlorinated paraffin supply is acceptable, downstream demand is sluggish, market transactions are limited, and anticipatory sentiment in the industry is rising. As of November 28, the ex-factory price of 52 chlorinated paraffin in Anhui is about 6,400 yuan/ton, the ex-factory price of 52 chlorinated paraffin in northeast China is about 6,000 yuan/ton, and the ex-factory price of chlorinated paraffin 52 is about 6,000 yuan/ton the paraffin 52 in Shandong is about 5,400 yuan/ton.
In terms of liquid wax raw materials, the price of liquid wax first rose and then fell this month, fluctuating with the fluctuation of the crude oil market. In the first half of the month, the market supply was reduced and the price continued to strengthen, but it started to decline in the second half of the month. At present, the shipment of liquid wax is stable and the transaction is acceptable. In terms of raw material liquid chlorine, the price of liquid chlorine has been steadily lowered this month. In the first ten days of November, the liquid chlorine market was generally stable and moving, with slight fluctuations in some areas and low shipments to the market. Since mid-November, the price of liquid chlorine in Shandong has dropped sharply, field shipments have been slow, and overall delivery of goods has been difficult.
3. Forecasting market prospects
SunSirs chlorinated paraffin analysts believe that current cost support for chlorinated paraffins has weakened, demand remains weak, and the chlorinated paraffin market is weak. Due to the impact of the domestic epidemic on transportation, prices in various regions of the country vary greatly. The chlorinated paraffin market is expected to operate mostly within a narrow range in the near term.
(Article source: SunSir)
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