In the previous November, the chlorinated paraffin market experienced a slight weakening trend, with the price of chlorowax-52 gradually declining and chlorowax-70 showing a steady upward movement. Looking ahead, it is anticipated that the market in December will remain largely stable, with minimal fluctuations.
During November, chlorowax-52 was impacted by seasonal demand shifts, leading to a decline in certain regions. In Jiangsu and Zhejiang provinces, prices fell below the 6,000 yuan mark. For example, major manufacturers such as Ningbo Zhongli and Hangzhou Chenguang reduced their factory prices to between 5,700 and 5,800 yuan. Meanwhile, in Henan, the factory price dropped to as low as 5,300–5,500 yuan. In Guangdong, Hunan, and Fujian, prices remained around 6,000 yuan. Some northeastern producers offered lower prices due to reduced production levels, with prices hovering around 6,500 yuan.
Regarding chlorowax-70, manufacturers faced high costs and low margins, prompting an agreement to raise domestic prices by 200 yuan, with export prices not falling below 8,500 yuan. Major players like Shenyang Chemical Industry and Harbin Yibin Chemical implemented this increase at the end of November, which helped reduce losses, improve profitability, and stimulate market activity.
Looking ahead, three key trends are expected to shape the chlorinated paraffin market: First, seasonal factors. November marked a slow period for chlorinated paraffin consumption, with reduced operating rates among downstream companies and shrinking demand, particularly in the polyurethane industry. Second, the sharp rise in international crude oil prices has kept liquid wax prices elevated, pushing up chlorinated paraffin prices and increasing production costs for downstream manufacturers. Third, some manufacturers have seen a drop in production and sales volumes, resulting in higher inventory levels.
It is expected that the domestic chlorinated paraffin market will stabilize in December, with prices likely to continue falling. Key factors influencing this trend include: first, the current domestic liquid wax price remains higher than the same period last year, making it difficult for manufacturers to significantly reduce costs, thus limiting price declines. Second, some producers have experienced lower output and sales this year, which could lead to losses if prices fall too much. Most manufacturers have adopted a pricing strategy focused on stability. Finally, with declining demand at the end of the year, even lower prices may not be enough to boost production and sales volumes.
Defoaming Agents,Water Treatment Chemical Defoaming Agent
Henan Hongze Environmental Protection Technology Co., Ltd , https://www.pampacyy.com