SunSirs: The Price of Raw Materials Fell, and the Price of Chlorinated Paraffin Fell in November
Price trend
According to the monitoring data of SunSirs, the average ex-factory price of domestic chlorinated paraffin 52 was 8133 RMB/ton on November 1, and the average ex-factory price of domestic chlorinated paraffin 52 was 7,200 RMB/ton on November 30. The price of chlorinated paraffin fell 11.48% in this month.Analysis review
In November, due to the price reduction of raw materials, the price of chlorinated paraffin fell after rising last month. In early November, the cost support of chlorinated paraffin was insufficient, and the price of chlorinated paraffin fell sharply. In mid-November, the price of chlorinated paraffin raw materials continued to fall, the cost was negative, the downstream demand was general, and the market for chlorinated paraffin was dropping again. In late November, the price of chlorinated paraffin raw material liquid chlorine rose steadily, with good costs, the price of chlorinated paraffin followed the rise. As of November 30, the ex-factory price of chlorinated paraffin 52 in Anhui was about 6,700 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Northeast was about 6,500 RMB/ton, the ex-factory price of chlorinated paraffin 52 in South China was 5,900-6,800 RMB/ton, the ex-factory price of chlorinated paraffin 52 in Shandong area was 5,600-6,800 RMB/ton, and the ex-factory price of chlorinated paraffin 52 in East China was 6,500-6,800 RMB/ton.
In terms of raw material liquid wax, the shipment of liquid wax in early November was not good, the transaction volume decreased, and the inventory was under pressure. Liquid wax prices fell, and the market lacked favorable support. Since mid-November, the liquid wax market was weak and stable due to the drop in oil prices. Liquid wax prices had gone up and down, companies have remained their shipments at stable prices, and the overall market was stable. In terms of liquid chlorine, the price of liquid chlorine dropped sharply in mid-to-early November, the operating rate of enterprises was insufficient, and the transaction atmosphere was weak. With continuous pressure from downstream, liquid chlorine companies continued to lower prices to ensure normal shipments. In late November, the price of liquid chlorine rose steadily, the overall trading was good, and the demand increased.
Market outlook
The chlorinated paraffin analyst of SunSirs believes that the price of chlorinated paraffin dropped due to the sharp drop in the price of raw material liquid chlorine this month. Towards the end of the month, the raw material market was stable, and the decline of chlorinated paraffin was temporarily suspended. It is expected that the price of chlorinated paraffin will run smoothly in the short term, and it is recommended to pay attention to changes in raw material prices.