Recent price trends of hydrochloric acid
| Thiourea |
According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices have significantly increased this week, with the average market price rising from 90 yuan/ton at the beginning of the week to 95 yuan/ton over the weekend, an increase of 5.56%. The weekend price has decreased by 46.02% year-on-year.
Upstream support is average, while downstream demand increases
From the supply side perspective, the domestic hydrochloric acid market has seen a slight increase in prices 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 seen a high-level consolidation, with average cost support. The downstream polyaluminum chloride market has been fluctuating and rising recently. The market price is around 1815 yuan/ton, and the weekend price fell by 4.60% year-on-year. Polyaluminum chloride manufacturers are gradually resuming production, and downstream procurement willingness is strong.
Future Market Forecast
In mid to late March, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market is consolidating at a high level, with good cost support. The downstream polyaluminum chloride market is fluctuating and rising, and downstream purchasing willingness is increasing. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.
| http://www.thiourea.net |