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 157.50 yuan/ton at the beginning of the week to 152.50 yuan/ton at the weekend, a decrease of 3.17%. The weekend price has dropped by 14.96% year-on-year. On November 12th, the hydrochloric acid commodity index was 40.13, unchanged from yesterday, a decrease of 70.90% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 123.19% 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 average, while downstream demand increases

From the supply side perspective, the domestic hydrochloric acid market prices have slightly declined 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 stabilized at a low level, with average cost support. The downstream market price of polyaluminum chloride fluctuated and increased, with the market price rising from 1751.25 yuan/ton at the beginning of the week to 1763.75 yuan/ton at the weekend, an increase of 0.71%. The weekend price decreased by 12.58% year-on-year. The downstream ammonium chloride market slightly increased. The market price increased from 687.50 yuan/ton at the beginning of the week to 695.00 yuan/ton at the weekend, an increase of 1.09%, and the weekend price decreased by 27.42% year-on-year.

Future Market Forecast

In mid to late November, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market has slightly increased over the weekend, with increased cost support. The downstream ammonium chloride and polyaluminum chloride markets have slightly increased, indicating a good willingness to purchase downstream. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.