Cost supported increase in chlorinated paraffin prices (10.16-10.23)

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 was 5800 yuan/ton on October 16th. On October 23rd, the average market price of chlorinated paraffin 52 in China was 5866 yuan/ton, and the price of chlorinated paraffin increased by 1.15% this week.

 

2、 Market analysis

 

The market price of chlorinated paraffin has increased this week. This week, the price of raw material liquid wax fluctuated and decreased, while the price of raw material liquid chlorine increased. The cost side was mixed. Downstream on-demand procurement, procurement needs are cautious, and market transactions are average. As of October 23rd, the factory quotation for chlorinated paraffin 52 in Anhui region is about 6300 yuan/ton, while the factory quotation for chlorinated paraffin 52 in Shandong region is about 5100-5900 yuan/ton.

 

Gamma-PGA (gamma polyglutamic acid)

In terms of raw material liquid wax, the price of liquid wax fluctuated and decreased this week, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine rose this week and stabilized before falling. The market situation was unstable, with consolidation and operation being the main focus.

 

3、 Future Market Forecast

 

Chlorinated paraffin analysts from Business Society believe that recent fluctuations in raw material prices have supported high costs. Downstream demand is weak, market transactions are weak, and terminal demand needs to be released. It is expected that the short-term price of chlorinated paraffin will be slightly adjusted and operated, and it is recommended to pay attention to changes in the raw material market.

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