Liquid Chlorine Price Trendand Forecast
Liquid Chlorine Price Trendand Forecast
North America
LiquidChlorine prices led to an upward trend during the third Quarter of2022, owing to the high energy prices and rising input cost pressure on the
Liquid Chlorine market in the USA. Meanwhile, the price elevation emerged from
a stronger US dollar globally, impacting the profit margins of the market
players. Downstream offers from the domestic market, such as disinfectant and
Hydrochloric Acid preparation segment, remained stable in the Quarter ending
September 2022. Meanwhile, Olin's declaration of reduction in the Chlor alkali
capacity by the end of this year has led to an increase in the buying
sentiments in the regional market of Liquid Chlorine. Thus, the price of Liquid
Chlorine was assessed at USD 760/ton Contract DEL Texas (USA) in September
2022.
APAC
Liquid Chlorine price momentumshowed a southward trajectory in the Quarter ending September 2022 owing to the
stability in the downstream demand and substantial Chinese Yuan depreciation
against the US dollar. Meanwhile, consumption in the primary Liquid Chlorine
consuming HydrochloricAcid Price manufacturing segment was weak, impacting the commodity'scosts. Rising Covid 19 cases in China have weakened production in several
chemical-producing cities, such as Shanghai, amidst the lockdown restrictions.
Thus, the price of Liquid Chlorine was assessed at USD 55/ton contract
EXW-Xinjiang (China) during September 2022. Besides, the cost support from the
upstream energy values was weak for Liquid Chlorine in the Asian market.
Europe
The prices of Liquid Chlorinedemonstrated stable market sentiments in the European market due to the supply
disorder and market uncertainties in the Quarter ending September 2022. The
persisting impact of the conflict between Russia and Ukraine has resulted in a
cut in Russian gas and oil supplies. As a ripple effect, traders and sellers
struggled with high electricity costs during the third Quarter of 2022. The
buying interest amongst the domestic buyers in the regional market witnessed
weak sentiments, and surplus availability amid slow offtakes remained a key
concern for the market players in this Quarter. Demand for the commodity from
the downstream industries remained silent in the Quarter ending September 2022.
ChemAnalyst addresses the keyproblematic areas and risks associated with chemical and petrochemical business
globally and enables the decision-maker to make smart choices. It identifies
and analyses factors such as geopolitical risks, environmental risks, raw
material availability, supply chain functionality, disruption in technology and
so on. It targets market volatility and ensures clients navigate through
challenges and pitfalls in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of ChemAnalyst, benefitting
domestic as well as global industry in tuning in to the real-time data points
to execute multi-billion-dollar projects globally.