The domestic hydrochloric acid price corrected at a low level this week (9.10-9.16)

Recent price trend of hydrochloric acid

 

Thiourea

It can be seen from the figure above that the domestic hydrochloric acid price was adjusted at a low level this week, with the average market price of 153.33 yuan/ton. A year-on-year drop of 50.00%. On September 19, the hydrochloric acid commodity index was 40.35, unchanged from yesterday, down 70.74% from the cycle’s highest point of 137.89 (2021-10-26), and up 124.42% from the lowest point of 17.98 on September 5, 2012. (Note: Period refers to 2011-09-01 to now)

 

Insufficient upstream support and weakened downstream procurement

 

From the manufacturer’s quotation, the domestic hydrochloric acid market price is temporarily stable this week.

 

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market was consolidated at a low level, and the cost support was insufficient. The downstream market price of polyaluminum chloride was consolidated at a low level, with a price of 2071.25 yuan/ton, up 16.07% year on year; The market price of ammonium chloride was adjusted at a low level, with a price of 975.00 yuan/ton. On the whole, the upstream support is insufficient and the downstream procurement enthusiasm is weakened.

 

Future market forecast

 

In late September, the market price of hydrochloric acid fell mainly in a narrow range. The recent low level of upstream liquid chlorine market has been consolidated, and the cost support is insufficient. The low level of downstream polyaluminum chloride and ammonium chloride market fluctuates in a narrow range, and the downstream purchase intention is general. The analysts of the business association believe that hydrochloric acid has declined slightly in recent shocks.

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