What is the price trend of polyaluminum chloride?

According to Procurement Resource, the price trend of Polyaluminium Chloride is estimated to trace a southwards journey as its demand from the downstream sectors does not seem to follow a growing trend. Domestic mainstream quotations for industrial polyaluminum chloride were 2373.75 RMB/MT on March 29. The Chinese market had mostly stayed stable.

Does aluminium chloride have a price trend?

Get the latest insights on price movement and trend analysis of Aluminium chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa). Aluminium Chloride showcased a mixed price trend during the said time period of the year 2023.

What factors influenced polyaluminium chloride prices in Asia?

In Asia, polyaluminium chloride prices were significantly influenced by the market dynamics of the aluminum and chlorine markets. The chlorine market faced several challenges, such as increasing inventory levels and sluggish downstream industry activities, along with challenging economic conditions.

Is the aluminium chloride market trending in India?

Aluminium Chloride showcased a mixed price trend during the said time period of the year 2023. In India, the aluminium chloride market started on a very stable note as the prices exhibited very feeble fluctuations initially. The Indian aluminium chloride market was largely plateaued for the majority of the first half of the year.

Why did the European polyaluminium chloride market struggle in 2023?

The European polyaluminium chloride market encountered difficulties due to the weak position of the chlorine industry. The fall in trade activities and reduced demand from end-user sectors played a substantial role in determining the trend of polyaluminium chloride prices in the first and second quarters of 2023.

Why did polyaluminium chloride prices rise in Q1 2021?

Due to a persistent lack of feedstock chemicals and interrupted production activity, polyaluminium chloride prices rose dramatically across the region. Multiple hurricanes had already caused a severe shortage of HCl in Q4 2020, but devastating winter storms halted all manufacturing efforts again in Q1 2021.