Commodity index: on April 29, the commodity index of polyaluminium chloride was 98.78, unchanged from yesterday, down 9.38% from 109.01 (2019-08-28), the highest point in the cycle, and up 1.52% C from 97.30, the lowest point on April 23, 2020. (Note: cycle refers to 2019-04-01 till now)

Market: according to the monitoring data of business agency (100ppi. Com), in April 2020, the production of polyaluminium chloride (solid, content ≥ 28%) manufacturers was normal, but the demand continued to be low, some enterprises had high inventory, and the overall quotation of this month showed a small fluctuation downward trend. This month’s main quotation: industrial grade, liquid and alumina content, 10%-12%, including 350-400 yuan / ton in tax, 860-900 yuan / ton in solid and content 20-21%, 24% yuan in price, 1200-1250 yuan / ton in content, 26% yuan in price, 26% yuan in price, and 1600-2000 yuan / ton in solid content, 28% yuan in price, 30% yuan in price. About 0 yuan / ton, the quotation at the end of the month is about 50-100 yuan / ton lower than that at the beginning of the month, down by 4.44%.

Upstream: according to the data of business agency, in April, the mainstream factory price of hydrochloric acid in North China showed a trend of fluctuation, with 1 daily report of 253.33 yuan / ton, 10 days up to 270 yuan / ton, until 22 days after the quotation of 280 yuan / ton, it turned down to 29 daily reports of 196.67 yuan / ton. The actual transaction price of the manufacturer shall be subject to negotiation. The upstream liquid chlorine market is temporarily stable, the downstream procurement enthusiasm is general, and the supply of hydrochloric acid is normal. Downstream: the current water treatment market demand is still low, and enterprises generally reflect that this year’s goods are hard to sell, engineering negotiation is difficult, and the cycle is long.

Industry: during the Spring Festival holiday in January 2020 to February 20, the relevant enterprises in the main production area stop production and delay to return to work. After February 20, the manufacturers in the main production area returned to work one after another, the logistics gradually recovered in March, and the transportation cost returned to normal. In April, the overall production was normal. Due to the difficulty of shipment, some enterprises still had high inventory, which affected their production.

Aftermarket forecast: according to the analysis of the business agency, the current market is generally weak due to the poor demand and high inventory. The high-speed recovery of charges will start on May 6, and the transportation cost will be increased. Affected by the cost, polyaluminium chloride may be slightly increased in the future market to hedge the risk of market decline caused by weak demand, and it is more likely to stabilize after a small increase in the overall future market.