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SunSirs: The Price of Hydrochloric Acid in North China Temporarily Sstabilized This Week (September 21-25)
September 29 2020 07:52:58SunSirs(John)

Price trend

As can be seen from the above figure, the comprehensive price of hydrochloric acid in North China has temporarily stabilized this week, with a quotation of 282.50 RMB/ton. On the whole, the hydrochloric acid market was temporarily stable this week, and the hydrochloric acid commodity index on September 18 was 74.34.

Analysis review   

Judging from the manufacturers' quotations, the hydrochloric acid market manufacturers' quotations were temporarily stable this week, and the overall market was average. Taiyuan Kunshengda hydrochloric acid quotation was 480 RMB/ton, and the quotation was temporarily stable; Dezhou Shihua hydrochloric acid quotation was 300 RMB/ton, and the quotation was temporarily stable; Wenshui synthetic hydrochloric acid was quoted at 230 RMB/ton on the weekend, compared with the beginning of the week, the quotation was temporarily Stable; Jinan Yuanfei hydrochloric acid quoted at 300 RMB/ton on weekends, compared with the beginning of the week, the quotation was temporarily stable; Dezhou Maihua hydrochloric acid quoted at 120 RMB/ton on weekends, compared with the beginning of the week, the quotation was temporarily stable.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market was general, and the support for hydrochloric acid was relatively weak, while the downstream silica market was general, and the ammonium chloride market price was gradually falling, which had a negative impact on hydrochloric acid. This week the hydrochloric acid market seemed to consolidate at a low level as a whole, and the difficulty in selling hydrochloric acid was still a major problem.)

Market outlook

The recent market of upstream liquid chlorine is general, and downstream silica and ammonium chloride are mainly purchased on demand. SunSirs analysts believe that the recent low-level consolidation of hydrochloric acid is the main focus.

If you have any questions, please feel free to contact SunSirs with suooort@sunsirs.com.

 

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