SunSirs: The Market of PAC in September Rose and Then Fell Back

Price trend

According to the Commodity Market Analysis System of SunSirs, the market for PAC rose in September and then fell back. The solid (industrial grade, with a content of ≥ 28%) PAC market in China quoted around 1,700.00 RMB/ton on September 1st and 1,722.50 RMB/ton on the 28th, an increase of 1.32%. The production of water treatment enterprises in China's main production areas was normal, with sufficient market inventory. Downstream procurement was on demand, and the price of raw material hydrochloric acid had increased. The overall market for PAC had risen.

Analysis review

Raw Material Hydrochloric Acid: According to the Commodity Market Analysis System of SunSirs, the domestic hydrochloric acid market price first rose and then fell in September. At the beginning of the month, the price of hydrochloric acid was 158.00 RMB/ton, while at the end of the month, the price was 172.50 RMB/ton, an increase of 9.18%. The downstream market for PAC and ammonium chloride slightly increased, and downstream procurement enthusiasm was good. Upstream liquid chlorine prices had slightly increased, and cost support had increased. Analysts from SunSirs believed that the t market for hydrochloric acid might experience slight fluctuations and gains in the short term.

LNG for production: According to the Commodity Market Analysis System of SunSirs, the Shandong LNG civilian market rose first and then stabilized in September, with a slight decline at the end of the month. In early September, the LNG market showed a significant upward trend. In early September, the CP surged, coupled with several consecutive increases in crude oil prices during the week, with strong support from the news, there was also a small amount of inventory on the market, and upstream goods were flowing smoothly. The LNG market actively pushed up. The demand side was steadily following up. The weather was gradually turning cold, and the demand for civilian combustion was expected to increase. The demand for chemical industry was also following up in golden September and silver October. Subsequently, the market entered a period of volatility and decline, with LNG prices rising to high levels. Downstream resistance was evident, and upstream began to give up profits to sell goods. In late September, there was an increase in enthusiasm for upstream shipment in the LNG market, coupled with an increase in port supply and an increase in supply, in order to stimulate shipment, refinery LNG prices fell.

Market outlook

In September, the overall price of raw materials were increased, while the fuel LNG market first rose and then fell, the cost of polymeric aluminum chloride provided support. On the supply side, China's PAC manufacturers produced normally and had sufficient inventory; On the demand side, there was no significant improvement in purchasing willingness, and mainly stable. Analysis suggests that the market for PAC is expected to remain stable in the near future.

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