According to the data monitoring of the business community, the polyaluminum chloride commodity index on November 29 was 109.26, unchanged from yesterday, down 23.40% from the peak of 142.64 (2021-11-01) in the cycle, and up 29.58%% from the lowest point of 84.32 on August 18, 2020. (Note: Period refers to April 1, 2019 to now)

Spot goods: The monitoring data of the business community showed that the domestic solid (industrial grade, content ≥ 28%) polyaluminum chloride market in the second half of November (16-29) remained stable after a slight increase, and the main report was 2021.25 yuan/ton in the second half of November. With the rapid cooling of the weather and the violent impact of recent public health events in many places, the demand for water treatment pharmaceutical products has decreased sharply. The business of water treatment enterprises in Gongyi, Henan is more difficult than in previous years, with limited transportation and weak demand; The market of raw material hydrochloric acid rose, but due to the sufficient inventory of manufacturers, the recent price change of raw materials had little impact on it. In the short term, the polyaluminum chloride market is mainly stable, supplemented by small fluctuations.

Raw hydrochloric acid: According to the monitoring data of the business community, the domestic hydrochloric acid market in the second half of November (16-29) rose from 163.33 yuan/ton to about 198 yuan/ton. From the perspective of manufacturers, the domestic hydrochloric acid market rose slightly this month, and downstream demand increased. From the perspective of the upstream and downstream industrial chain, the upstream liquid chlorine market was consolidated at a low level, with average cost support; Downstream market rose slightly, and downstream manufacturers became more active in purchasing hydrochloric acid. According to the analysis, the recent market of hydrochloric acid may increase slightly.

LNG for production. According to the data of the business society, the price of domestic LNG fell by 6.93% in the second half of November (16-29): the market price of LNG was about 4414 yuan/ton on November 21, and the average market price was 4108 yuan/ton on November 25. Recently, due to the weakening of cost support, on-site supply exceeds demand, terminal demand release is limited, and the LNG market continues to decline. The new raw gas auction is about to start, and the industry is mainly cautious. It is expected that the LNG market will consolidate and operate in the short term. It is recommended to pay attention to the changes in cost side and downstream demand.

Future forecast: The recent public health events in many places across the country have had a strong impact, sealed and controlled management, the economy is expected to decline, the demand is not as good as in previous years, and the water treatment market in 2022 is not as good as the same period last year. The light snow has passed, the weather is cold, the demand for downstream construction continues to be weak, the inventory is sufficient, and the cost of raw materials has risen, but the purchasing enthusiasm is not high in the near future. As the raw material market continues to rise, the manufacturer’s raw material inventory is exhausted, and the purchase cost rises, the future market will rise with it. It is expected that the polyaluminum chloride market will continue to fluctuate steadily, moderately and slightly in the short term.