Low demand, chlorinated paraffin prices fell in July (7.1-7.27)

1、 Price trend

 

Gamma Polyglutamic Acid

According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 was 6250 yuan / ton on July 1, and 5883 yuan / ton on July 27. The price of chlorinated paraffin fell by 5.87% this month.

 

2、 Market analysis

 

The price of chlorinated paraffin fell this month. In the first ten days of July, the price of chlorinated paraffin was stable. The domestic market of chlorinated paraffin is weak, the operating rate of enterprises rises, and the supply of chlorinated paraffin increases. The price trend of raw materials fell, and cost support weakened. The downstream demand is sluggish, mainly low-cost procurement, and the on-site transaction is poor. In mid July, the price of chlorinated paraffin began to fall to the end of the month. Due to the continuous decline of raw material prices, the cost support is insufficient. The market demand for chlorinated paraffin is poor, the transaction is weak, and the industry is mainly on the sidelines. Dominated by negative factors, chlorinated paraffin is mainly downward. As of July 27, the ex factory quotation of chlorinated paraffin 52 in Anhui Province was about 5800 yuan / ton, that in Northeast China was about 5800 yuan / ton, and that in Shandong Province was about 6050-6200 yuan / ton.

 

In terms of raw liquid wax, the price of liquid wax fell violently this month, and the market followed the change of crude oil price. In the first half of July, the price of liquid wax continued to decline, and the market trading was poor. In the second half of July, liquid wax rebounded slightly and fell again. It is suggested to pay attention to the change of crude oil. In terms of raw liquid chlorine, the price of liquid chlorine fell first and then rose this month. In the middle and early days of July, the price of liquid chlorine fell broadly, the market on the floor was poor, the turnover was low, and some liquid chlorine enterprises reduced their load. In late July, the price of liquid chlorine rebounded and rose, and the market supply decreased, making the market better.

 

3、 Aftermarket forecast

 

Chlorinated paraffin analysts at business news agency believe that due to the weak market trend of chlorinated paraffin raw materials this month, the cost support is weak. In the case of downstream buying up but not buying down, the purchase volume decreases. Although the market of raw liquid chlorine rebounded at the end of the month, the market demand for chlorinated paraffin was weak. It is expected that the chlorinated paraffin market will be dominated by weak and stable operation in the short term.

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