Cost Weakens, Chlorinated Paraffin Wax Prices Fall (5.1-5.6)

1、 Price trend

 

Chitosan oligosaccharide

According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China on May 1st was 5533 yuan/ton. On May 6th, the average market price of chlorinated paraffin 52 in China was 5500 yuan/ton, and the price of chlorinated paraffin 52 decreased by 0.60% this week.

 

2、 Market analysis

 

Gamma-PGA (gamma polyglutamic acid)

Chlorinated paraffin market prices fell this week. This week, the prices of raw material liquid chlorine and liquid wax continued to decline, with insufficient cost support. Downstream demand is weak, market transactions are weak, and the industry is mainly bearish. As of May 6th, the ex factory quotation for chlorinated paraffin 52 in Anhui region is about 6000 yuan/ton, the ex factory quotation for chlorinated paraffin 52 in Northeast region is about 5500-5800 yuan/ton, and the ex factory quotation for chlorinated paraffin 52 in Shandong region is about 4500-5200 yuan/ton.

 

In terms of raw material liquid wax, the price of liquid wax continued to decline this week, and the market downturn continued. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine in Shandong region has been continuously declining this week, resulting in a cold trading atmosphere and weak market performance.

 

3、 Future Market Forecast

 

Chlorinated paraffin analysts from Business Society believe that the market for raw material liquid chlorine and liquid wax has continued to weaken recently, weakening cost support. The terminal demand is sluggish, with small purchases and relatively few transactions. It is expected that the market price of chlorinated paraffin will fall in the short term.

http://www.lubonchem.com/