Commodity index: on October 22, the commodity index of polyaluminium chloride was 127.93, up 2.4 points from yesterday, hitting a record high in the cycle, up 51.72% from the lowest point of 84.32 on August 18, 2020. (Note: the period refers to the period from April 1, 2019 to now)

The monitoring found that the market of water treatment products continued to rise this week. The manufacturer was still cautious in quotation, pricing and delivery were subject to the price of the day, and oral reservation was not accepted. In fact, it was subject to payment and order arrangement. However, compared with the early stage, the quotation at the supply end was chaotic, the downstream procurement pressure cost increased significantly, and the transaction was more difficult.

As shown in the figure, according to the data of business society, the mainstream market of polyaluminium chloride in China has risen sharply recently. On October 18, the domestic mainstream quotation of solid (industrial grade, content ≥ 28%) polyaluminium chloride was 2255.56 yuan / ton, an increase of 6.4%.

Industrial chain: in terms of upstream raw materials, according to the monitoring data of hydrochloric acid: business society, the domestic hydrochloric acid market price rose this week, and the quotation rose sharply from 334 yuan / ton at the beginning of the week to 512 yuan / ton on Friday. The market situation of upstream liquid chlorine is general, which gives weak support to hydrochloric acid. The market situation of downstream white carbon black and ammonium chloride is adjusted at a high level, which brings certain benefits to the price of hydrochloric acid. At the same time, the maintenance of enterprises has increased recently, the supply of hydrochloric acid is tight, and the downstream procurement enthusiasm is good.

LNG is used in the production process. According to the monitoring data of business agency, the average price of domestic LNG was 6160 yuan / ton on the 18th and 6744 yuan / ton on the 22nd, up 9.48% week on week. Recently, the temperature dropped sharply, the heating season came, the demand side support increased, the market trading was positive, the sales pressure of liquid plants was small, and the price of feed gas increased, the supply in some regions was tightened, and the cost supply continued to boost the market. It is expected that the domestic LNG market will maintain an upward trend, but considering that the downstream acceptance still needs to be followed up after the continuous rise, the increase slowed down, Narrow amplitude fluctuation is dominant.

As for the future, subject to the high price of upstream raw materials and the great pressure of downstream procurement of water treatment, the price of polyaluminium chloride is likely to remain high in the short term. However, with the slowdown of the rise of bulk commodities and even the correction of the trend, especially the restriction of demand reduction, it is more likely to gradually weaken in the medium and long term.