Price trend

According to the Commodity Market Analysis System of SunSirs, the market for PAC has slightly declined this week. The solid (industrial grade, content ≥ 28%) PAC market in China reported around 1,728.75 RMB/ton on the 30th and 1,732.50 RMB/ton on the 23rd, a decrease of 0.22%. The production of water treatment enterprises in China's main production areas is normal, with sufficient market inventory. Downstream procurement is based on demand, and the price of raw material hydrochloric acid is declining. The market for PAC is being sorted out.

Analysis review

Raw material hydrochloric acid: According to the Commodity Market Analysis System of SunSirs, the domestic hydrochloric acid market price fell this week, with the average market price dropping from 170.00 RMB/ton on October 23 to 162.50 RMB/ton on October 30, a decrease of 4.41%. The upstream liquid chlorine market has recently experienced a slight decline, with insufficient cost support. The downstream PAC market has recently experienced a slight decline, while the ammonium chloride market has stabilized at a low level and downstream purchasing willingness has weakened. Analysts from SunSirs believe that the domestic hydrochloric acid market prices may fluctuate and fall.

LNG for production: According to the Commodity Market Analysis System of the SunSirs, the prices of LNG in China have fluctuated and increased this week. Due to cost support and strong Shanghai gas prices, the heating season in the north is approaching, and there is strong bullish sentiment towards LNG. It is expected that in the short term, the price of LNG will be higher than the main behavior.

Market outlook

This week, raw material prices have fallen, while fuel LNG prices have risen, and the cost of polymeric aluminum chloride has supported mixed gains and losses. On the supply side, China's PAC manufacturers produce normally and have sufficient inventory; On the demand side, there has been no significant improvement in purchasing willingness, and stability is the main focus. Analysis suggests that the recent market for PAC may be dominated by consolidation.

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