1、 Price trend

According to the Commodity Market Analysis System of Business Society, the price of chlorinated paraffin has increased this month. On March 1st, the average market price of domestic chlorinated paraffin 52 was 5800 yuan/ton. On March 27th, the average market price of domestic chlorinated paraffin 52 was 5600 yuan/ton. This month, the market price of chlorinated paraffin decreased by 3.45%.

2、 Market analysis

In March, domestic chlorinated paraffin prices showed a weak decline. In early March, the price of chlorinated paraffin remained stable. Downstream on-demand procurement, market supply and demand balance, and acceptable transaction atmosphere. Chlorinated paraffin manufacturers maintain stable prices for shipments, with detailed discussions on actual orders. In mid March, the price of chlorinated paraffin decreased. Downstream procurement is cautious, with many low price transactions, limited market demand, and a light trading atmosphere. Chlorinated paraffin manufacturer’s quotation has been lowered. In late March, the price of chlorinated paraffin remained stable. Market observation is the main focus, while manufacturers and distributors prioritize stable price shipments. As of March 27th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region is about 6000 yuan/ton, and the market price of 52 national standard chlorinated paraffin in Shandong region is about 5300-5800 yuan/ton.

According to the weekly ups and downs from January 1, 2024 to March 18, 2024, it can be seen that the domestic chlorinated paraffin cycle saw mixed ups and downs. There was a significant decline in March, with the largest decline being -2.33% in the week of March 18th.

In terms of raw material liquid wax, the price of liquid wax has fluctuated and fallen this month. The market demand is stable, and the transaction atmosphere in the market is average. The price of liquid wax fluctuates according to the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has fluctuated and increased this month. The market demand is still acceptable, with downstream rigid procurement as the main focus, and detailed discussions on actual orders.

3、 Future Market Forecast

According to analysts from Business Society, the chlorinated paraffin market has been stabilizing recently. At present, there is still support on the cost side, downstream demand is stable, enterprises are actively shipping, and market stability is the main focus. It is expected that the market price of chlorinated paraffin will stabilize and operate in the short term.