1、 Price trend
| Benzalkonium chloride |
According to the Commodity Market Analysis System of Business Society, the price of chlorinated paraffin fluctuated and increased this month. On October 1st, the average market price of domestic chlorinated paraffin 52 was 5733 yuan/ton. On October 27th, the average market price of domestic chlorinated paraffin 52 was 5866 yuan/ton, and the price of chlorinated paraffin increased by 2.33% this month.
2、 Market analysis
The domestic price of chlorinated paraffin increased in October. In the first half of October, the price of chlorinated paraffin slightly increased. Due to the continuous high prices of raw material liquid wax, some chlorinated paraffin manufacturers have raised prices with the increase of raw materials. But downstream procurement is based on demand, with cautious procurement requirements and average market trading. In the second half of October, the price of chlorinated paraffin increased and consolidated. The market for raw material liquid wax and liquid chlorine has started to weaken, and cost support has weakened. There is currently no significant improvement on the demand side, and the overall market trading is light. As of October 27th, the factory price of chlorinated paraffin 52 in Anhui region is about 6300 yuan/ton for environmental protection, and the factory price of chlorinated paraffin 52 in Shandong region is about 5000-5900 yuan/ton for national standard.
| Sodium Molybdate |
According to the weekly increase and decrease from July 31, 2023 to October 16, 2023, it can be seen that the domestic chlorinated paraffin cycle has seen mixed fluctuations. October saw a significant increase, with the largest increase of 1.16% in the week of October 2nd.
In terms of raw material liquid wax, the price of liquid wax rose first and then fell this month, and liquid wax fluctuated with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has fluctuated in both directions this month, and the overall trend is fluctuating and weak. The market transaction is average, and the manufacturer is stable in shipping.
3、 Future Market Forecast
Chlorinated paraffin analysts from Business Society believe that the market for chlorinated paraffin raw materials has started to weaken recently, and cost support is weak. At present, the performance of terminal demand is not good, and downstream purchases remain in demand, resulting in weak market transactions. It is expected that the price of chlorinated paraffin will be weak in the short term, with consolidation and operation being the main focus.
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