According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices fluctuated and fell in December. The price of hydrochloric acid dropped from 125 yuan/ton at the beginning of the month to 112.50 yuan/ton at the end of the month, a decrease of 10%, and the price at the end of the month decreased by 35.34% year-on-year.

On December 27th, 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)

From the supply side perspective, the domestic hydrochloric acid market has experienced a significant decline this month, with low inventory from manufacturers.

Cost side: Liquid chlorine prices rise first and then fall

From a cost perspective, the upstream liquid chlorine market for hydrochloric acid experienced a significant decline in December, with an overall decrease of 250 yuan/ton. Insufficient cost support.

Demand side: Downstream demand weakens

In December, the market for polyaluminum chloride fluctuated and rose, with market prices rising from 1760 yuan/ton at the beginning of the month to 1777.50 yuan/ton at the end of the month, an increase of 0.99%, and a year-on-year decrease of 12.33% at the end of the month. In December, the market situation of ammonium chloride significantly declined, with market prices dropping from 727.50 yuan/ton at the beginning of the month to 662.50 yuan/ton at the end of the month, a decrease of 8.93%, and a year-on-year decrease of 42.14% at the end of the month. The downstream market situation has significantly declined, and downstream manufacturers have weakened their enthusiasm for purchasing hydrochloric acid.

Looking at the future: In mid to early January, the hydrochloric acid market may experience slight fluctuations and declines. The upstream liquid chlorine price has dropped significantly, with insufficient cost support. The downstream ammonium chloride market has experienced a significant decline, and downstream purchasing enthusiasm has weakened. Analysts from Business Society believ

e that the recent market for hydrochloric acid may experience a slight fluctuation and decline.