Price trend

According to the Commodity Market Analysis System of SunSirs, in mid August, the market price of solid PAC in China (industrial grade, content ≥ 28%) remained stable and slightly decreased. On the 11th, the main market price was around 1,718 RMB/ton, while on the 20th, it was mainly at 1,712 RMB/ton, a decrease of only 0.36%. 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 impact of weather disasters was basically eliminated; In mid August, the price of raw material hydrochloric acid had decreased, and the market for PAC remained stable and weaker.

Analysis review

Raw material hydrochloric acid: According to the Commodity Market Analysis System of SunSirs, the domestic hydrochloric acid market price remained stable and significantly decreased in mid August, with a price range of around 158-174 RMB/ton. The upstream liquid chlorine market had recently experienced a significant decline, with insufficient cost support. The downstream market had slightly declined, and downstream purchasing willingness was average. Analysis suggests that the hydrochloric acid market will mainly be downward in the near future.

LNG for production: According to the Commodity Market Analysis System of SunSirs, in mid August, the domestic LNG market first leveled off, then rose and then leveled off: on August 11th, the average price of LNG in China was 3,640 RMB/ton, and on August 20th, the market reported a main price of 3,772 RMB/ton, with a ten-day increase of 3.63%. Recently, the domestic LNG market had shown a stable and upward trend.

Market outlook

In mid August, raw material prices significantly decreased, and the fuel LNG market remained stable and rising. The cost support of polymeric aluminum chloride was mixed. 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 recent market for PAC is expected to remain stable with a slight weakness as a supplement.

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