Liquid Chlorine Price Trend and Forecast

North America

Liquid Chlorine prices led to an upward trend during the third Quarter of 2022, 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 momentum showed 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 Hydrochloric Acid Price manufacturing segment was weak, impacting the commodity's costs. 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 Chlorine demonstrated 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.

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