1、 Price trend

According to monitoring data from the Business News Agency, the price of chlorinated paraffins rose first and then decreased this month. On March 1st, the average market price of chlorinated paraffin 52 in China was 5766 yuan/ton. On March 28th, the average market price of chlorinated paraffin 52 in China was 5733 yuan/ton. The price of chlorinated paraffin 52 fell by 0.58% this month.

2、 Market analysis

This month, domestic chlorinated paraffin enterprises started construction stably, and the unit was operating normally. In early March, the prices of raw liquid chlorine and liquid wax continued to rise, strengthening cost support. The market demand is stable, and the transaction focus has increased. After that, the market demand for chlorinated paraffins weakened and the trust atmosphere was general. Downstream procurement is mainly based on demand, and manufacturers have a strong attitude towards stabilizing prices, while the price of chlorinated paraffins remains stable. At the end of the month, the cost of chlorinated paraffins fell somewhat, and the transaction focus of chlorinated paraffins was lowered. As of March 28, the factory price of chlorinated paraffins 52 in Anhui Province was about 6300 yuan/ton, the factory price of chlorinated paraffins 52 in Northeast China was about 5500-5800 yuan/ton, and the factory price of chlorinated paraffins 52 in Shandong Province was about 5400 yuan/ton.

According to the weekly increase and decrease from January 2, 2023 to March 20, 2023, it can be seen that domestic chlorinated paraffins fluctuate during the cycle. March was more stable.

In terms of raw material liquid wax, the price of liquid wax rose steadily in the first ten days of this month, with good intramarket trading. The price began to decline in the second ten days. Liquid wax fluctuates with crude oil prices. In terms of raw material liquid chlorine, the price trend of liquid chlorine was relatively strong in the first half of this month, with a good market trading atmosphere and smooth enterprise shipments. Later this month, the price of liquid chlorine was lowered, resulting in average enterprise shipments and low enthusiasm for downstream procurement.

3、 Aftermarket Forecast

According to chlorinated paraffins analysts from Business News, raw material prices have begun to fall recently, and cost support has weakened. Downstream demand performance was poor, and the transaction atmosphere was light. It is expected that the price of chlorinated paraffins will be weak in the short term, and it is recommended to pay attention to the changes in raw material prices.