1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of chlorinated paraffin 52 in China on April 28th was 5666 yuan/ton, which is 0.89% higher than the average price of 5616 yuan/ton on April 1st.

2、 Market analysis

This month, the market price of chlorinated paraffin was initially suppressed and then increased. In early April, the prices of raw material liquid wax and liquid chlorine increased, providing strong cost support. Driven by cost assistance, chlorinated paraffin enterprises have raised their quotations. In mid April, the market price of chlorinated paraffin remained stable. The manufacturer is operating at low load, downstream procurement is required, and actual orders are discussed in detail, with limited market investment. As late April approaches the end of the month, the market for raw material liquid wax weakens, and the market price of chlorinated paraffin falls. As of April 28th, the ex factory price of 52 environmentally friendly chlorinated paraffins in Anhui region is about 6000 yuan/ton, and the market price of 52 national standard chlorinated paraffins in Shandong region is about 5500-5800 yuan/ton.

In terms of raw material liquid wax, the price of liquid wax rose first and then fell this month. At present, the market trend is weak, and liquid wax fluctuates with the crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine fluctuated this month. At present, the market trend is improving, and the shipment situation is still good. Negotiations on actual orders are the main focus.

According to the weekly ups and downs from January 29, 2024 to April 15, 2024, it can be seen that the domestic chlorinated paraffin cycle saw mixed ups and downs. There was a significant increase in April, with the highest increase of 0.59% in the weeks of April 1st and April 8th.

3、 Future Market Forecast

According to analysts from Shengyishe Chlorinated Paraffin, the prices of raw material liquid wax have continued to decline recently, with average cost support. The downstream demand for chlorinated paraffin is average, with limited market trading. It is expected that the market price of chlorinated paraffin will be weak in the short term, with consolidation and operation being the main focus.