Domestic chlorinated paraffin market remained stable in September

In September, the market of chlorinated paraffins was stable and the price fluctuated within a narrow range. The main varieties of chlorine wax - the end of May 52 mainstream market price: Guangdong 6300 ~ 6700 yuan (ton price, the same below), Fujian 6600 ~ 6800 yuan, Zhejiang, Jiangsu 6300 ~ 6700 yuan, Shandong, Hebei 6500 ~ 6800 yuan, Henan 6500 ~ 6800 yuan; chlorine wax -70 in 8200 ~ 8500 yuan; chlorine wax -42 in 6500 ~ 7000 yuan.

The increase in the price of liquid wax and wax has led to an increase in the cost of chlorinated paraffin. Although the production and sales volumes of some manufacturers have increased slightly, the economic growth of enterprises has been limited. As of the end of September, Shenyang Paraffin Chemicals ** wax ex-factory price is 10,100 yuan, Jinxi Petroleum Fifth Plant is 10,000 yuan, imported liquid wax CIF in the 10500 ~ 11000 yuan. ** Ex-factory prices in North China range from 600 to 1,400 yuan, in eastern China from 500 to 1,150 yuan, in South China, from 600 to 1,700 yuan and in Northeast China from 900 to 1,200 yuan. At the same time, the majority of chlorinated paraffin production companies have little increase in stocks, and generally adopt a production-wide sales strategy. Some manufacturers in Henan Province used low-cost raw waxes to produce chlorinated paraffin non-standard products, exacerbating the chlorinated paraffin market competition. Some manufacturers tried to pull up prices, but the market responded poorly and the effect was not obvious.

It is expected that the chlorinated paraffin market will stabilize in October and there will be room for price increases. First, October was the peak season for the consumption of chlorinated paraffins, and downstream demand was expected to rebound on the basis of stability. Second, due to the small amount of inventory of chlorinated paraffins from most manufacturers at the end of September, the pressure on the market outlook is lighter, which is conducive to market operations. Third, this year the chlorinated paraffin market has not seen a wave of decent rising prices, especially the sluggish market in the third quarter. Prices are low, and prices are expected to rise in October. Fourth, although the price of raw wax rose at the end of September, the price of chlorinated paraffins did not rise in tandem with it. The increase in the cost of chlorinated paraffins will help boost their prices. Fifth, Shenyang paraffin chemical plant was suspended for maintenance in September and it is expected that liquid wax supply will be relatively insufficient in October. Sixth, as the production and operation of chlorinated paraffins by most manufacturers are conducted under the condition of capital preservation or low profit, the steady increase in market price will be the main theme of the market.