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| Thursday, 14 October 2010, 11:56 HKT/SGT | |
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BEIJING, Oct 14, 2010 - (ACN Newswire) - Chemchinanet.com reports that domestic chlorinated paraffin wax market changed greatly, affected by raw material liquid wax price greatly increase and some manufacturers working rate decrease effect, chlorinated paraffin wax price in rising trend.
September chlorinated paraffin wax market main influence factors: First is chlorinated paraffin wax in September is the market consumption season, plastics, rubber, the downstream working rate continue rebound, the demand in growing trend, which has great positive influence on chlorinated paraffin wax prices. Second is the market supply is relatively declined. Affected by various factors, some stop production chlorinated paraffin manufacturers still fails to resume production, chlorinated paraffin wax market supply is relative shortage. Third is raw material prices largely increase. September liquid wax prices increased 600-800 RMB. Liquid chlorine prices also increased, but the price difference is large.
In October, chlorinated paraffin wax market will has fluctuation, the prices will in high level. October is the second half year, chlorinated paraffin wax market consumption good season, plastic, and rubber, polyurethane and so on downstream industries will maintain certain increase trend. Affected by national energy saving and emission reduction policy, market uncertainty factors are much. As most of production enterprises in October can not restored production, chlorinated paraffin wax market supply without big increase. At present, most manufacturers' chlorinated paraffin wax inventory is not big, which is good for after market operation.
Contact:
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Tel: +86-10-65569770
Email: my@chemchinanet.com
http://www.chemchinanet.com
Topic: Press release summary
Sectors: Chemicals, Spec.Chem, Science & Nanotech
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