Poor demand leads to a decline in chlorinated paraffin prices (3.15-3.21)

1、 Price trend

 

According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China was 5766 yuan/ton on March 15th. On March 21st, the average market price of chlorinated paraffin 52 in China was 5600 yuan/ton. This week, the price of chlorinated paraffin decreased by 2.89%.

 

2、 Market analysis

 

The market price of chlorinated paraffin has fallen this week. This week, the price of raw material liquid chlorine fell first and then rose, while the price of raw material liquid wax increased, providing support in terms of cost. Downstream procurement is cautious, with many low price transactions, limited market demand, and a light trading atmosphere. The quotation of chlorinated paraffin manufacturers has been lowered, and the actual order will be discussed in detail. As of March 21st, the ex factory price of 52 environmentally friendly chlorinated paraffins in Anhui region is about 6000 yuan/ton, and the market price of 52 national standard chlorinated paraffins in Shandong region is about 5300-5800 yuan/ton.

 

In terms of raw material liquid wax, the price of liquid wax has continued to rise this week. The current market trend is improving, with liquid wax fluctuating with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has first decreased and then increased this week. The market transaction atmosphere is improving, and the market trading is still acceptable, with real order negotiations being the main focus.

 

3、 Future Market Forecast

 

Business Society’s chlorinated paraffin analyst believes that the chlorinated paraffin market has been weak recently. At present, there is still support on the cost side, and the demand side needs to be released. The market has a cautious wait-and-see mentality. It is expected that the market price of chlorinated paraffin will consolidate in the short term.

http://www.polyvinylalcohols.com

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