Domestic hydrochloric acid prices have temporarily stabilized this week (4.10-4.16)

Recent price trends of hydrochloric acid

 

Azodicarbonamide (AC foaming Agent)

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid price has temporarily stabilized this week, with an average market price of 198.00 yuan/ton. Weekend prices have decreased by 36.13% year-on-year compared to the same period last year. On April 16th, the hydrochloric acid commodity index was 52.11, unchanged from yesterday, a decrease of 62.21% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 189.82% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to the present)

 

Upstream support is good, but downstream procurement is weakened

 

From the supply side, the domestic hydrochloric acid market price was temporarily stable this week, and the manufacturer’s inventory was average.

 

povidone Iodine

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has stabilized at a high level, with good cost support. The price of downstream polyaluminum chloride market fell slightly, from 1835.00 yuan/ton at the beginning of the week to 1828.75 yuan/ton at the end of the week, down 0.34%. On weekends, prices have decreased by 22.14% compared to the same period last year; The market price of ammonium chloride fell slightly, from 1080.00 yuan/ton at the beginning of the week to 1030.00 yuan/ton at the end of the week, a decline of 4.63%. Overall, upstream support is good, while downstream procurement enthusiasm is weakened.

 

Future Market Forecast

 

In late April, the market price of hydrochloric acid fell mainly due to narrow fluctuations. The upstream liquid chlorine market has stabilized at a high level, with good cost support. However, the downstream polyaluminum chloride and ammonium chloride markets have slightly declined, and downstream purchasing willingness has weakened. Analysts from Business Society believe that hydrochloric acid has been experiencing a slight fluctuation and decline in recent times.

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