Domestic hydrochloric acid prices increased by 18.42% this week (12.4-12.10)

Recent price trends of hydrochloric acid

 

Azodicarbonamide (AC foaming Agent)

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices have significantly increased this week, with the average market price rising from 95.00 yuan/ton at the beginning of the week to 112.50 yuan/ton over the weekend, an increase of 18.42%, and a year-on-year decrease of 35.34% over the weekend. On December 10th, the hydrochloric acid commodity index was 29.61, unchanged from yesterday, a decrease of 78.53% from the highest point in the cycle of 137.89 points (2021-10-26), and an increase of 64.68% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to present)

 

Upstream support is good, while downstream demand increases

 

From the supply side perspective, the domestic hydrochloric acid market prices have significantly increased this week, and the inventory of manufacturers is average.

 

povidone Iodine

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently stabilized at a high level, with good cost support. The downstream market price of polyaluminum chloride has slightly increased, with the market price rising from 1760.00 yuan/ton at the beginning of the week to 1763.75 yuan/ton over the weekend, an increase of 0.21%, and a year-on-year decrease of 12.85% over the weekend. The downstream ammonium chloride market is consolidating at a high level. The market price is 727.50 yuan/ton, and the weekend price decreased by 30.05% year-on-year.

 

Future Market Forecast

 

In mid to late December, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market is consolidating at a high level, with good cost support. The downstream ammonium chloride and polyaluminum chloride markets have slightly increased, and downstream purchasing willingness has increased. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.

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