Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices have slightly declined this week, with the average market price dropping from 102.50 yuan/ton at the beginning of the week to 100 yuan/ton at the end of the week, a decrease of 2.44%, and a year-on-year decrease of 42.53% in weekend prices. On January 15th, the hydrochloric acid commodity index was 25.00, a decrease of 1.32 points from yesterday, a decrease of 81.87% from the highest point in the cycle of 137.89 points (2021-10-26), and an increase of 39.04% 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 average, downstream demand weakens

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

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently stabilized at a low level, with average cost support. The downstream market price of polyaluminum chloride has slightly increased, with the market price rising from 1777.50 yuan/ton at the beginning of the week to 1783.75 yuan/ton over the weekend, an increase of 0.35%, and a year-on-year decrease of 11.70% over the weekend. The downstream ammonium chloride market has slightly declined. The market price dropped from 662.50 yuan/ton at the beginning of the week to 650 yuan/ton over the weekend, a decrease of 1.89%, and the weekend price fell by 43.84% year-on-year.

Future Market Forecast

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