The domestic hydrochloric acid price has temporarily stabilized this week, and there may be expectations of an increase in the future market

Recent price trends of hydrochloric acid

 

PVA

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 92.5 yuan/ton. Over the weekend, the price decreased by 53.28% year-on-year.

 

The upstream support is good, and the downstream demand is average

 

From the supply side perspective, the domestic hydrochloric acid market prices have remained stable this week, with manufacturers operating at an average level and low inventory.

 

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently stabilized at a high level, with expectations of an increase and good cost support. The downstream polyaluminum chloride market has recently stabilized at a high level. The market price is 1818 yuan/ton, and the weekend price increased by 0.69% year-on-year. Polyaluminum chloride manufacturers are gradually resuming production, and downstream procurement willingness is average.

 

Future Market Forecast

 

In mid to late April, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market is consolidating at a high level, with upward expectations and good cost support. The downstream polyaluminum chloride market is consolidating at a high level, and downstream purchasing willingness is average. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.

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