Chlorinated paraffin prices fell in November (11.1-11.27)

1、 Price trend

 

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According to the Commodity Market Analysis System of Business Society, the price of chlorinated paraffin has fallen this month. On November 1st, the average market price of domestic chlorinated paraffin 52 was 5733 yuan/ton. On November 27th, the average market price of domestic chlorinated paraffin 52 was 5533 yuan/ton. This month, the price of chlorinated paraffin decreased by 3.49%.

 

2、 Market analysis

 

Domestic chlorinated paraffin prices fell in November. In the first half of November, the price of chlorinated paraffin fluctuated and fell. Insufficient cost support, weak market demand, insufficient downstream inquiries, and a focus on rigid demand. Manufacturers and distributors often adopt a wait-and-see attitude. In the second half of November, the price of chlorinated paraffin remained stable. The price of raw material liquid wax has fallen, while the price of raw material liquid chlorine has risen first and then fallen, with average cost support. There is currently no significant improvement on the demand side, market trading is flat, and manufacturers are mainly stabilizing prices. As of November 27th, the ex factory price of 52 environmentally friendly chlorinated paraffins in Anhui region is about 5900 yuan/ton, and the ex factory price of 52 national standard chlorinated paraffins in Shandong region is about 5000-5400 yuan/ton.

 

According to the weekly ups and downs from August 28, 2023 to November 20, 2023, it can be seen that the domestic chlorinated paraffin cycle saw mixed ups and downs. There was a significant decline in November, with the largest decline being -1.78% in the week of November 13th.

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In terms of raw material liquid wax, the price of liquid wax has fallen this month, and liquid wax fluctuates with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine rose first and then fell this month, with a fluctuating operation. The market trading is average, and the manufacturers have stable shipments.

 

3、 Future Market Forecast

 

Business Society’s chlorinated paraffin analyst believes that the market for chlorinated paraffin raw materials has remained stable recently. At present, the raw material market is volatile, with average cost support. Downstream essential procurement, with relatively low market trading volume. It is expected that in the short term, the price of chlorinated paraffin will remain stable, with a focus on consolidation and operation.

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