Price trend

According to the Commodity Market Analysis System of SunSirs, the market of PAC continued to fluctuate and decline slightly in April. Among them, on April 1st, the main quotation for China's solid (industrial grade, content ≥ 28%) PAC market was 1,871 RMB/ton, and on April 28th, the main quotation was 1,800 RMB/ton, with a monthly decrease of 3.81%.

Analysis review

According to the Commodity Market Analysis System of SunSirs, the domestic market of PAC has been declining for several consecutive weeks since February, and the weekly decline in April occasionally expanded. Water treatment enterprises in China's main production areas had normal production, the spot inventory was sufficient, downstream procurement demand was unfavorable, industry prosperity was not strong, and the market for PAC continued to be weaker.

Raw Material Hydrochloric Acid: According to the Commodity Market Analysis System of SunSirs, the domestic hydrochloric acid market fluctuated from around 198 RMB/ton in April to around 207 RMB/ton, with a monthly increase of 4.55%. It is expected that the hydrochloric acid market will experience a slight fluctuation and decline in mid to early May. The upstream liquid chlorine market had slightly declined, with insufficient cost support. The downstream ammonium chloride and PAC markets had significantly declined, and the downstream procurement enthusiasm was weak. Analysis suggests that the market for hydrochloric acid may mainly experience slight fluctuations and declines in the near future.

Liquefied natural gas for production. According to the Commodity Market Analysis System of SunSirs, the price of liquefied natural gas in China fluctuated slightly and slightly increased in April. Among them, on April 1st, the average price of liquefied natural gas in China was 4,310 RMB/ton, and on April 28th, the average price was 4,416 RMB/ton, with an increase of 2.46% next month.

Market outlook

This month, the market for raw material hydrochloric acid rose, while fuel has continued to fluctuate upwards slightly, and cost support was strengthened compared to last month. Helplessly, due to the abundant stock of PAC in the domestic market and the continuous weak downstream demand, the market experienced long-term oversupply. Regarding the future market, there will not be a significant change in the prosperity of the water treatment industry, and the market for PAC in the future will still remain stable with minor fluctuations.

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