Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid price has temporarily stabilized this week, with an average market price of 175.00 yuan/ton. Weekend prices fell 41.67% year-on-year. On May 22, the hydrochloric acid commodity index was 46.05, unchanged from yesterday, a decrease of 66.60% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 156.12% from the lowest point of 17.98 points on September 5, 2012. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Insufficient upstream support, weakened downstream procurement

From the supply side, the domestic hydrochloric acid market price was temporarily stable this week, and the manufacturer’s inventory was average.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is consolidating at a low level, with average cost support. The downstream polyaluminum chloride market price was adjusted at a low level, at 1781.25 yuan/ton. Weekend prices fell by 21.49% year-on-year; The market price of ammonium chloride was adjusted at a low level. The market price was 680.00 yuan/ton, and the weekend price fell 54.36% year on year. Overall, upstream support is insufficient and downstream demand is weakening.

Future Market Forecast

In late May, the market price of hydrochloric acid fell mainly due to narrow fluctuations. The upstream liquid chlorine market is consolidating at a low level, with insufficient cost support. The downstream polyaluminum chloride and ammonium chloride markets are consolidating at a low level, and downstream purchasing willingness is weak. Analysts from Business Society believe that hydrochloric acid has been experiencing a slight fluctuation and decline in recent times.