Why did polyaluminium chloride prices fall 10% in India?

In the Indian market, however, the average price of HCL fell by 10% due to adequate stock availability and lower demand from the downstream sector. Polyaluminium chloride prices in Asian markets were directly influenced by this price fluctuation.

What is polyaluminium chloride (PAC)?

It is a yellow-colored, water-soluble solid. Polyaluminium Chloride (PAC) 28 percent and Polyaluminium Chloride (PAC) 30 percent are the two forms of the chemical. This chemical has many industrial applications, but it is most commonly used in the flocculation processes used in water treatment industries.

Is polyaluminium chloride water soluble?

Polyaluminium Chloride is a water chemical composed of aluminium, oxygen, hydrogen, and chlorine. It is a yellow-colored, water-soluble solid. Polyaluminium Chloride (PAC) 28 percent and Polyaluminium Chloride (PAC) 30 percent are the two forms of the chemical.

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.

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.

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.