Price Trend
According to the monitoring data of business associations, the market price of domestic chlorinated paraffins has risen continuously since September. On September 4, the average price of domestic chlorinated paraffin 52 grade I products was 4933 yuan/ton, and on September 19, the average price of domestic chlorinated paraffin 52 grade I products was 5200 yuan/ton. The half-month price rose by 5.41%.
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II. Market Analysis
Products: At present, the ex-factory quotation of chlorinated paraffin 52 first-class products in South China is 4600-5300 yuan/ton, that of chlorinated paraffin 52 first-class products in North China is 4000-5500 yuan/ton, that of chlorinated paraffin 52 first-class products in East China is about 5000 yuan/ton, that of chlorinated paraffin 52 first-class products in Central China is about 5000-5500 yuan/ton, and that of Northeast China is about 5000-5500 yuan/ton. The price of chlorinated paraffin 52 grade I product is 5000-5500 yuan/ton. The quotation for the first grade chlorinated paraffin 52 in Shandong is about 5000-5500 yuan/ton. The northwest region chlorinated paraffin 52 first-class product ex-factory quotation is about 5000-5500 yuan/ton.
Crude oil: On September 18, WTI crude oil futures fell $1.23, or 2.07%, to $58.11 a barrel; Brent crude oil futures fell $0.95, or 1.47%, to $63.60 a barrel. China’s main SC crude oil futures contract was about 1911 yuan 473.6 yuan per barrel, down 10.5 yuan.
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Industry chain: Recently, the crude oil market has risen sharply before falling, and the focus of gravity has begun to fall. The liquid wax market is short of resources, stable operation, stable shipment of manufacturers, small adjustments in the market price range. The liquid chlorine market operates at a high level, and some areas maintain high prices and the market rises. The downstream demand for chlorinated paraffins has slightly improved, and stocks have increased in some areas.
3. Future Market Forecast
Analysts of chlorinated paraffin business associations believe that due to the recent increase in raw material costs, the shortage of chlorinated paraffin supply, the National Day environmental protection and production restrictions, manufacturers began to actively stock up, chlorinated paraffin prices rose in stages. It is expected that chlorinated paraffin prices will fluctuate in the later period.
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