In the first half of 2023, the Chlorinated paraffins market rose first and then declined

1、 Price trend

 

Thiourea

According to the commodity market analysis system of the business community, the price of Chlorinated paraffins will rise first and then decline in the first half of 2023. On January 1, the average price of domestic Chlorinated paraffins 52 market was 5400 yuan/ton, and on June 30, the average price of domestic Chlorinated paraffins 52 market was 5283 yuan/ton. In the first half of the year, the price of Chlorinated paraffins fell 2.16%.

 

2、 Market analysis

 

According to the K column chart from January to June 2023, in the first half of the year, domestic Chlorinated paraffins rose and fell in the cycle. February saw a significant increase, with a maximum increase of 8.13%. April saw the largest decline, with a maximum decline of 3.49%.

 

In the first half of 2023, the domestic price of Chlorinated paraffins rose first and then fell. In the first quarter, the price of Chlorinated paraffins fluctuated and rose. The prices of raw material liquid wax and liquid chlorine have increased, and cost support has been strengthened. Under cost pressure, Chlorinated paraffins manufacturers raised prices. The market demand is stable, and the transaction focus has increased. In the second quarter, the price of Chlorinated paraffins fell sharply. The raw material prices have been lowered, resulting in insufficient cost support. Downstream demand is weak, procurement enthusiasm is poor, and market transactions are weak. As of June 30, the ex factory quotation of Chlorinated paraffins 52 in Anhui was about 5600 yuan/ton, and that of Chlorinated paraffins 52 in Shandong was about 5250 yuan/ton.

 

3、 Future Market Forecast

 

Analysts of Chlorinated paraffins from the business agency believe that the prices of raw liquid chlorine and liquid wax have continued to rise recently, cost support has been strengthened, and Chlorinated paraffins is running steadily and well. However, downstream procurement enthusiasm is average and transactions are relatively low. It is expected that the price of Chlorinated paraffins will rise steadily in the short term. It is suggested to pay attention to the change of raw material price.

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