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SunSirs: The Price of Hydrochloric Acid in North China Fluctuated and Rose in September
October 08 2019 15:31:55SunSirs(John)

Price trend

In September 2019, the comprehensive price of hydrochloric acid in North China rose sharply. In September, the average price of mainstream hydrochloric acid quotation in North China rose from 123.33 RMB/ton at the beginning of the month to 166.67 RMB/ton at the end of the month, an increase of 35.14%, a decrease of 2.91% over the same period last year. Overall, the hydrochloric acid Market in North China rose in September, and the hydrochloric acid commodity index was 43.86 on September 30.

 

Analysis review

Product:, The quotations of some manufacturers in the hydrochloric acid market rose in September. The price of Dezhou Shihua hydrochloric acid rose from 100 RMB/ton at the beginning of the month to 150 RMB/ton at the end of the month, an increase of 50 RMB/ton; the price of Dezhou Maihua hydrochloric acid rose from 10 RMB/ton at the beginning of the month to 70 RMB/ton at the end of the month, an increase of 50 RMB/ton; Jinan RMBFei hydrochloric acid offer 200 RMB/ton, the price is temporarily stable; Hengtai chemical hydrochloric acid monthly price of 200 RMB/ton, compared with the beginning of the month, the price rose 20 RMB/ton; Wenshui synthetic hydrochloric acid increased from 160 RMB/ton at the beginning of the month to 230 RMB/ton at the end of the month, and the quotation increased by 70 RMB/ton.

Industry chain: The positive consumption of liquid chlorine in the upstream market supports hydrochloric acid, while the demand for hydrochloric acid for dyes, calcium chloride and chloroethane in the downstream market increases. Although the hydrochloric acid market has an upward trend, the by-product acid impact market, the hydrochloric acid shipment pressure is large, and the quality of by-product hydrochloric acid produced by TDI, chloropropene, propylene oxide and methane chloride is relatively good. For the purpose of shipment, each manufacturer has the situation of inverted freight shipment. Overall, the difficulty of delivery of hydrochloric acid is still a major problem.

Industry: In September of 2019, there were 46 kinds of commodities rising year-on-year in the chemical sector, of which 30 commodities increased by more than 5%, accounting for 35.7% of the monitored commodities in the sector. The first three commodities were nitric acid (54.17%), butanone (37.13%) and hydrochloric acid (35.14%).

There were 32 kinds of commodities with a decrease year-on-year, and 13 products with a drop of more than 5%, accounting for 15.5% of the monitored products in the sector; the top 3 products were chloroform (-20.83%) and sulfur (-16.35). %), R22 (-14.00%).

The average increase and decrease in September was 4.09%. Overall, the rising market of chlor-alkali industry has a positive impact on the demand for hydrochloric acid.

 

Market outlook

After the adjustment in September, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. The analysts believe that the upstream liquid chlorine is good in the near future, the National Day has passed, and the downstream demand for rare earth and fuel has increased and the hydrochloric acid prices maybe rise and shock in the near future..

 

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