Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market price remained stable this week, with an average market price of 112.50 yuan/ton. The weekend price fell by 35.34% year-on-year. On December 24th, 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)

Weakened upstream support, average downstream demand

From the supply side perspective, the domestic hydrochloric acid market prices have remained stable this week, and the manufacturer’s inventory is average.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently experienced a slight decline, with weakened cost support. The downstream market price of polyaluminum chloride has slightly increased, with the market price rising from 1772.50 yuan/ton at the beginning of the week to 1778.75 yuan/ton over the weekend, an increase of 0.35%, and a year-on-year decrease of 12.27% over the weekend. The downstream ammonium chloride market is consolidating at a low level. The market price is 702.50 yuan/ton, and the weekend price fell 35.55% year-on-year.

Future Market Forecast

In late December, the market price of hydrochloric acid may fluctuate and fall mainly. The upstream liquid chlorine market has slightly declined, with insufficient cost support. The downstream ammonium chloride market is consolidating at a low level, and downstream purchasing willingness is average. Analysts from Business Society believe that the hydrochloric acid market has been experiencing a slight fluctuation and decline in recent times.