Stable demand, stable market for chlorinated paraffins (8.4-8.10)

1、 Price trend

 

According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China was 5250 yuan/ton on August 4th. On August 10th, the average market price of chlorinated paraffin 52 in China was 5250 yuan/ton, and the price of chlorinated paraffin remained stable this week.

 

2、 Market analysis

 

The market price of chlorinated paraffin remained stable this week. This week, the prices of raw materials, liquid chlorine and liquid wax, have increased, providing positive cost support. Downstream procurement is cautious, with a focus on just needs. Chlorinated paraffin manufacturers have a stable price mentality, and market transactions are relatively low. But as the raw materials gradually strengthen, on-site transactions begin to increase. As of August 10th, the factory quotation for chlorinated paraffin 52 in Anhui region is about 5600 yuan/ton, while the factory quotation for chlorinated paraffin 52 in Shandong region is about 4800-5150 yuan/ton, which is a national standard.

 

In terms of raw material liquid wax, the liquid wax remained stable after rising at the beginning of the week, and the liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has increased this week, with good market transactions and stable shipments from manufacturers. Maintenance of some manufacturers’ devices resulted in reduced supply.

 

3、 Future Market Forecast

 

Chlorinated paraffin analysts from Business Society believe that the recent increase in raw material prices has strengthened cost support. Downstream demand is stable, and with the strengthening of the cost side, the trading atmosphere in the chlorinated paraffin market has improved. It is expected that the price of chlorinated paraffin will continue to rise steadily in the short term.

 

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