According to the commodity market analysis system of the business community, the market of Aluminium chlorohydrate has declined slightly by 0.71% since June: on the first day, the market of Aluminium chlorohydrate (industrial grade, content ≥ 28%) in China was reported at 1768 yuan/ton, and on the twelfth day, the market was reported at 1756 yuan/ton.
As shown in the figure, since the second quarter of 2023, the domestic market of Aluminium chlorohydrate has been on a downward trend for several consecutive weeks. The weekly decline in April has occasionally expanded, the decline in May first narrowed and then slightly expanded, and the decline has been slightly weak since June. The water treatment enterprises in the main production areas of our country have normal production, sufficient market supply, poor downstream procurement demand, average transaction, and the Aluminium chlorohydrate market continues to be weak.
Raw Material Hydrochloric Acid: According to the Commodity Market Analysis System of Business Society, the domestic hydrochloric acid price fluctuated slightly in June, showing a “U” shape. Among them, the price of hydrochloric acid (31%) was about 175 yuan/ton on the 1st, dropped to 165 yuan/ton on the 5th, and slightly increased to 173 yuan/ton on the 12th. The upstream liquid chlorine market is consolidating at a low level, with average cost support and weak downstream purchasing willingness. Analysis suggests that the hydrochloric acid market has been experiencing minor fluctuations and declines in recent times.
Liquefied natural gas for production. According to the Commodity Market Analysis System of the Business Society, the domestic liquefied natural gas market has risen since June. Among them, the average price of liquefied natural gas in China on June 1st was 4416 yuan/ton, and on June 12th it was 3728 yuan/ton, a significant decrease of 15.58%. Recently, the trend of the domestic liquefied natural gas market has been dominant, with a strong market sentiment towards high prices. The bidding price for raw gas has increased, resulting in a positive cost side effect. It is expected that domestic liquefied natural gas prices will continue to rise in the short term.
Future market forecast: Since June, the market support for raw fuel LNG has slightly increased. However, due to the sufficient supply of Aluminium chlorohydrate market and general downstream demand, trading enterprises report that business is difficult. With regard to the future market, the analysis believes that the market of Aluminium chlorohydrate will remain stable and slightly weak.
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