Chlorinated paraffin market continues upward trend

In August, the domestic chlorinated paraffin market fluctuates greatly. Affected by the substantial increase in liquid wax prices, the prices of chlorinated paraffins in all regions have increased significantly. The price of chlorowax-52 in some regions has risen to 8,000 yuan (t price, the same below ). The price situation at the end of August is: the mainstream ex-factory price of chlorine wax-52 is 7200-7800 yuan, and the mainstream ex-factory price of chlorine wax-70 is 8500-10000 yuan.

The major factors affecting the market conditions in August: First, in August, the operating rates of the downstream industries such as plastics, rubber, and polyurethane increased, and the demand showed a growth trend, which had a positive impact on the price increase of chlorinated paraffins. The second is the relative decline in market supply. Constrained by various factors, some manufacturers stopped producing chlorinated paraffins. There are still no start-up plans. For example, Shenyang Chemicals, Henan Kaipu, Wuhan Xianglong, Anshan Yinlong, etc. have not yet resumed production. Shanghai chlor-alkali, Xiamen Heron Chemical, etc. Stopped, chlorinated paraffin market is relatively insufficient. The third is a substantial increase in costs. The price of liquid wax rose sharply in August, with an increase of up to 1,000 yuan, while the price of ** rose slightly.

It is expected that the chlorinated paraffin market will experience some turbulence in September, and the price will be consolidating at a high level. In some areas, there is still a compensatory increase in prices. September is the better season for the consumption of chlorinated paraffins in the second half of the year. Downstream operating rates for plastics, rubber, and polyurethanes are expected to continue to rise, and demand is growing. In August, the price of liquid wax rose sharply in some areas, while the price increase of chlorinated paraffins was limited. In September, the price of chlorinated paraffins in these areas had a compensatory increase. In addition, most of the discontinued companies in September still did not resume their production plans. The supply of chlorinated paraffins decreased relatively. The inventory of chlorinated paraffins of most manufacturers was small, which was conducive to the operation of the market in the later period.