SunSirs: Demand Was Weak, the Market of Polyaluminum Chloride Fluctuated Slightly in the Past Half Month

Price trend

According to the data monitoring of SunSirs;y (100ppi. com), the PAC commodity index on November 15 was 109.05, unchanged from precious day, down 23.55% from the peak of 142.64 points (2021-11-01) in the cycle, and up 29.33% from the lowest point of 84.32 points on August 18, 2020. (Note: Period refers to April 1, 2019 to now).

Analysis review

Spot goods: according to the monitoring data of SunSirs, the domestic solid (industrial grade, content ≥ 28%) PAC market fluctuated slightly in the first half of November. At the beginning of the month, the main market quotation was 2,011.25 yuan/ton, and on the 15th, the main quotation was 2,017.50 yuan/ton, with a slight increase of 0.31% in half a month. Last month, following the policy of resuming production, the manufacturer started work normally the manufacturer started work normally and had sufficient inventory. The impact of public health events in Gongyi, Henan Province, continued this month, with limited transportation, slow delivery of goods, reduced orders and sluggish market.

Raw hydrochloric acid: according to the monitoring data of SunSirs, the domestic hydrochloric acid market in the first half of November fell from 186.67 yuan/ton to 163.33 yuan/ton. From the manufacturer's quotation, the domestic hydrochloric acid market price was flat first and then fell slightly, and the downstream demand was general. From the perspective of upstream and downstream industrial chains, the upstream liquid chlorine market declined slightly and cost support weakened; The downstream purchasing enthusiasm was average. According to the analysis, the market price of hydrochloric acid in the middle and last ten days of November fell slightly in shock mainly.

LNG for production. According to the data of SunSirs, the price of domestic LNG fell by about 16.70% in the first half of November: the market price of LNG on November 16 was about 4,540 yuan/ton, and the average market price on November 1 was 5,450 yuan/ton. Recently, due to the downturn in terminal demand, the market for liquefied natural gas continued to run weak due to the oversupply in the market. The industry held a wait-and-see attitude, with gains and losses in various regions of China. Although the cost has some support, the demand side has not improved, and the LNG market is expected to consolidate in the short term.

Market outlook

The economic environment is affected, and the demand is not as good as that in previous years. The water treatment market in 2022 is not as good as that in the same period last year. Raw material cost support is declining, downstream demand is weak, purchasing enthusiasm is not high, and spot inventory is sufficient. It is expected that under the influence of public health events in the future, the economy is expected to decline, and the market is expected to remain stable and weak.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com