There is little change in support, and the market of polyaluminum chloride is mainly stable

Data monitoring shows that on March 30, the polyaluminum chloride commodity index stood at 101.49, unchanged from yesterday, down 28.85% from the cycle’s highest point of 142.64 (2021-11-01), and up 20.36% from the lowest point of 84.32 on August 18, 2020. (Note: The cycle refers to 2019-04-01 to now)

According to monitoring data, the market price of solid (industrial grade, content ≥ 28%) polyaluminum chloride in China was basically stable at around 1877.5 yuan/ton during the week of March 27-30. Currently, some water treatment enterprises in China’s main production areas have basically resumed production due to environmental shutdown, with normal production in local factories, relatively abundant inventory in stock, and little change in downstream procurement demand. This week, the cost of raw material hydrochloric acid was stable, and fuel prices rebounded slightly. The mainstream market for polyaluminum chloride remained stable during the week, with occasional slight price increases for enterprises.

Raw hydrochloric acid: According to monitoring data from the Business News Agency, the domestic market price of hydrochloric acid for the week from March 27-30 was basically maintained at around 198 yuan/ton. The upstream liquid chlorine market has a downward trend this week, with weaker cost support and a general willingness to purchase downstream. The analysis indicates that hydrochloric acid has insufficient support in the near future, or has mainly declined slightly.

Liquefied natural gas for production. According to data from Business News Agency, domestic LNG prices rebounded during the week of March 27-30. As of March 30, the average price of liquefied natural gas in China was 4344 yuan/ton, up 3.08% from the average price of 4214 yuan/ton on March 27.

Future market forecast: This week, the raw material market is stable, and fuel costs have rebounded slightly. Given that the production of polyaluminum chloride manufacturers is normal, there is sufficient inventory in stock, and there is little change in downstream demand, traders in the market expect that the future market of polyaluminum chloride may have a slight increase. Due to the tepidity of the demand side, the probability will still be mainly stable, supplemented by minor adjustments..