Recent price trends of hydrochloric acid
According to the Commodity Analysis System of the Business Society, the domestic hydrochloric acid market prices have temporarily stabilized this week, with an average market price of 162.50 yuan/ton. Over the weekend, prices fell by 12.95% year-on-year. On November 5th, the hydrochloric acid commodity index was 42.76, unchanged from yesterday, a decrease of 68.99% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 137.82% 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, while downstream demand increases
From the supply side perspective, the domestic hydrochloric acid market prices have temporarily stabilized this week, and manufacturers’ inventory is average.
From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently seen a slight increase, with good cost support. The downstream market price of polyaluminum chloride slightly increased, with the market price rising from 1728.75 yuan/ton at the beginning of the week to 1751.25 yuan/ton at the weekend, an increase of 1.30%. The weekend price fell by 12.93% year-on-year. The downstream ammonium chloride market is consolidating at a low level. The market price is 687.50 yuan/ton, and the weekend price fell by 28.20% year-on-year.
Future Market Forecast
In mid November, the market price of hydrochloric acid may fluctuate and fall mainly. The upstream liquid chlorine market slightly declined over the weekend, with insufficient cost support. The downstream ammonium chloride and polyaluminum chloride markets are temporarily stable, and downstream purchasing willingness is average. Analysts from Business Society believe that the recent slight fluctuations in the hydrochloric acid market have been the main trend.
| http://www.thiourea.net |