Aluminum Chloride price November 2024 and outlook (see chart below)

  • North America:US$0.7/KG, unchanged
  • Europe:US$0.43/KG, unchanged
  • Northeast Asia:US$0.3/KG, unchanged
  • India:US$0.47/KG, -2.1% down
The chart below summarizes Aluminum chloride price trend per region, as well as the outlook. It takes a moment to load.

Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.

Aluminum chloride price index

This post is a summary of the Aluminum chloride price developments. The price developments of Aluminum chloride are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Aluminum chloride price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for Aluminum chloride prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of Aluminum chloride prices
  • Recent price developments of underlying feedstocks which drive the price of Aluminum chloride
  • Market futures for both cost drives and feedstocks of Aluminum chloride prices
  • Adjustment of current supply/demand imbalances in the Aluminum chloride market
  • Longer term trends in likely demand conditions

Further sources of information on the Aluminum chloride price index

 

What is aluminum chloride

Aluminum chloride is a white or pale yellow, crystalline solid with a strong, astringent smell. It is a compound of aluminum and chlorine, and it is highly reactive and hygroscopic, meaning that it readily absorbs moisture from the air.

Aluminum chloride is used in a variety of industrial and laboratory applications, including the production of aluminum metal and other aluminum compounds, the purification of water, and the synthesis of other chemicals. It is also used in the production of pharmaceuticals and as a catalyst in chemical reactions.

Aluminum chloride is toxic and can be harmful if ingested or inhaled. It can cause irritation to the skin, eyes, and respiratory system, and it is classified as a hazardous substance. It should be handled with caution and appropriate safety measures should be taken when working with it.

 

How is aluminum chloride produced

There are several methods for producing aluminum chloride, including:

Electrolysis of aluminum oxide

Aluminum chloride can be produced through the electrolysis of aluminum oxide, which is also known as alumina. This process involves passing an electric current through a solution of alumina dissolved in molten cryolite, a chemical compound made up of aluminum, sodium, and fluorine. The electrolysis process breaks down the alumina into its component atoms, producing aluminum metal and oxygen gas. The aluminum metal is then combined with chlorine gas to form aluminum chloride.

Reactions with hydrochloric acid

Aluminum chloride can be produced through reactions with hydrochloric acid, which is a strong acid made up of hydrogen and chlorine. When aluminum is reacted with hydrochloric acid, it forms aluminum chloride and hydrogen gas.

Reactions with aluminum oxide and chlorine gas

Aluminum chloride can also be produced through reactions with aluminum oxide and chlorine gas. This process involves heating aluminum oxide in the presence of chlorine gas, which produces aluminum chloride and oxygen gas.

Overall, the production of aluminum chloride involves chemical reactions that convert raw materials into the final product. The specific process used depends on the availability of raw materials and the desired end product.

 

What is aluminum chloride used for

Aluminum chloride is a versatile chemical that is used in a variety of industrial and laboratory applications. Some common uses of aluminum chloride include:

Production of aluminum metal

Aluminum chloride is used in the production of aluminum metal, which is a lightweight, corrosion-resistant metal with a wide range of applications.

Production of other aluminum compounds

Aluminum chloride is used in the production of other aluminum compounds, such as aluminum sulfate and aluminum hydroxide. These compounds are used in a variety of applications, including water treatment, paper production, and fire retardant products.

Purification of water

Aluminum chloride is used in the purification of water, as it can remove impurities and contaminants from water.

Synthesis of other chemicals

Aluminum chloride is used as a catalyst in the synthesis of a variety of chemicals, including drugs, dyes, and plastics.

Pharmaceuticals

Aluminum chloride is used in the production of some pharmaceuticals.

Overall, aluminum chloride has a wide range of uses due to its chemical reactivity and ability to act as a catalyst in chemical reactions.

 

How big is the aluminum chloride market

It is difficult to estimate the size of the global aluminum chloride market as a whole, as it is used in a variety of industries and applications. However, aluminum chloride is an important chemical and is widely used in the production of a variety of products. According to some estimates, the global aluminum chloride market was valued at around $3.3 billion in 2019 and is expected to grow at a compound annual growth rate of around 5.5% from 2020 to 2025. The growth of the aluminum chloride market is driven by factors such as increasing demand for aluminum chloride in the production of aluminum and other aluminum compounds, as well as growing demand for aluminum chloride in the water treatment and pharmaceutical industries.

According to https://oec.world/ :

Aluminium chloride are the world’s 3591st most traded product.

In 2020, the top exporters of Aluminium chloride were India ($44.1M), United States ($29.3M), Germany ($23.5M), China ($21.9M), and Netherlands ($9.06M).

In 2020, the top importers of Aluminium chloride were Japan ($20.5M), Germany ($13.7M), Belgium ($13.3M), France ($12M), and Vietnam ($10.2M).

 

NEED A QUICK DOWNLOAD?

 

ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL

GET THAT DOWNLOAD IN 3 MINUTES!

BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.

businessanalytiq

Where does the data come from?

  • The source of the data are exclusively public non-confidential sources. We have no access to primary data
  • This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
  • The data is a combination of contract and spot pricing
  • Our algorithms are set up to eliminate significant product mix impact on the reported price
  • We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
  • The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
  • For most indexes we have multiple sources and we focus on using statistically-correlated sources
  • As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
  • We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
  • The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
  • The data is presented in US$. The UOM of measure is shown in the Index list table
  • Our automated software and we do our best to create an accurate representation of the trend

 

Where does the data NOT come from?

  • We do not purchase data from any other source and republish it.
  • We will not purchase data from any other source and republish it
  • We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators

 

What data should our company use?

  • If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
  • Our data, at best, represents an estimate of the market trend based on public information
  • We have no direct access to the market, and we do not interview suppliers and customers
  • Our automated analysis tools in the online software are set up to combine our data with other sources of data
  • We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data

 

What does the quality indication in the main menu mean?

  • Quality level A: Data is from a reliable and confirmed source
  • Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
  • Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
  • Quality level D: Data is from a single credible source, but we cannot verify the data
  • Quality level E: Data is either:
    • From a single source, which we consider reliable, but we cannot verify the data.
    • From 2 or more sources which have some periods of contradicting trends.
  • Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.

 

What are the disclaimers?

  • We assume no responsibility or liability for any errors or omissions in the content of this site.
  • The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
  • By their nature, outlooks are always uncertain

 

How often do we update the data?

  • We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.

 

What are we doing to improve the data?

  • We are continually improving our data collection and processing methods
  • Pricing data will be updated from time to time as we improve the accuracy
  • We are reviewing all data sources in the first half of 2024.
    • There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
    • The key focus in 2024 is to add many additional indexes

 

How can i give feedback on the data or request for new indexes

  • Feel free to contact us if you have a specific request. You can reach us via the Contact us page