1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China on May 9th was 5633 yuan/ton, which is 0.59% lower than the average price of 5666 yuan/ton on May 5th.

2、 Market analysis

After the holiday, the market price of chlorinated paraffin has fallen, and manufacturers are operating at low loads. After the holiday, the prices of raw materials such as liquid wax and liquid chlorine have decreased, leading to weakened cost support. Downstream rigid demand procurement, overall demand performance is insufficient, and market trading is limited. As of May 9th, the ex factory price of 52 environmentally friendly chlorinated paraffin in Anhui region is about 6000 yuan/ton, and the market price of 52 national standard chlorinated paraffin in Shandong region is about 5450-5600 yuan/ton.

In terms of raw material liquid wax, the price of liquid wax continued to decline this week, with a downward trend as the main trend. Liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine was initially suppressed and then increased this week. Currently, there is resistance from downstream towards high prices, and negotiations on actual orders are the main focus.

3、 Future Market Forecast

According to analysts from Shengyishe Chlorinated Paraffin, the recent consolidation and operation of raw material prices have reduced the fluctuation in cost. The terminal demand for chlorinated paraffin needs to be improved, and the market is mainly bearish. It is expected that the short-term chlorinated paraffin market will be weak and consolidating.