Recent price trends of hydrochloric acid
| Thiourea |
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 112.50 yuan/ton. The weekend price fell by 35.34% year-on-year. On December 18th, the hydrochloric acid commodity index was 29.61, unchanged from yesterday, a decrease of 78.53% from the highest point in the cycle of 137.89 points (2021-10-26), and an increase of 64.68% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to present)
Weakened upstream support, average downstream demand
From the supply side perspective, the domestic hydrochloric acid market prices have remained stable this week, and the manufacturer’s inventory is average.
From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently experienced a significant decline, with weakened cost support. The downstream market price of polyaluminum chloride has slightly increased, with the market price rising from 1766.25 yuan/ton at the beginning of the week to 1772.50 yuan/ton over the weekend, an increase of 0.35%, and a year-on-year decrease of 12.58% over the weekend. The downstream ammonium chloride market has experienced a significant decline. The market price dropped from 727.50 yuan/ton at the beginning of the week to 702.50 yuan/ton over the weekend, a decrease of 3.44%, and the weekend price fell by 35.10% year-on-year.
Future Market Forecast
In late December, the market price of hydrochloric acid may fluctuate and fall mainly. The upstream liquid chlorine market has experienced a significant decline, with insufficient cost support. The downstream ammonium chloride market has also experienced a significant decline, and downstream purchasing willingness has weakened. Analysts from Business Society believe that the hydrochloric acid market has been experiencing a slight fluctuation and decline in recent times.
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