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.

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.

What are the challenges facing the polyaluminium chloride market?

The chlorine market faced challenges with low demand and surplus supply. These conditions resulted in a poor number of sales and decreased trading activities, which had a negative impact on the polyaluminium chloride market.

Why did polyaluminium chloride prices decline in 2023?

In North America, the prices of polyaluminium chloride experienced a decline in the first two quarters of 2023 due to diminishing feedstock prices. The chlorine market faced challenges with low demand and surplus supply.

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.

What is polyaluminium chloride?

A white, odorless, crystalline powder that is used as a coagulant and flocculating agent in water treatment. Polyaluminium chloride is a widely used plastic in the automotive and electrical industries. It is also used as an insulating material for high voltage cables.