Recent price trend of hydrochloric acid

As can be seen from the figure above, the domestic hydrochloric acid price fell slightly this week, and the average market price fell from 166.67 yuan/ton at the end of last week to 160.00 yuan/ton at the end of this week, a 4.00% drop. A year-on-year drop of 50.31%. On October 16, the hydrochloric acid commodity index was 42.11, unchanged from yesterday, down 69.46% from the highest point of 137.89 (2021-10-26) in the cycle, and up 134.20% from the lowest point of 17.98 on September 5, 2012. (Note: Period refers to 2011-09-01 to now)

Insufficient upstream support and weakened downstream procurement

From the manufacturer’s quotation, the domestic hydrochloric acid market price fell slightly this week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market was consolidated at a low level, and the cost support was insufficient. The price of the downstream polyaluminum chloride market fell slightly, from 2027.50 yuan/ton at the end of last year to 2017.50 yuan/ton at the end of this week, down 0.49%, 5.92% YoY compared with the same period last year; The market price of ammonium chloride was adjusted at a low level, and the price was 990.00 yuan/ton. On the whole, the upstream support is insufficient and the downstream procurement enthusiasm is weakened.

Future market forecast

In the middle and late October, the market price of hydrochloric acid fell mainly in a narrow range. The recent low level of upstream liquid chlorine market has been consolidated, and the cost support is insufficient. The low level of downstream polyaluminum chloride and ammonium chloride market fluctuates in a narrow range, and the downstream purchase intention is general. The analysts of the business association believe that hydrochloric acid has declined slightly in recent shocks.