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SunSirs: Hydrochloric Acid Prices in North China Fell This Week (November 2-6)
November 10 2020 13:50:35SunSirs(John)

Price trend

As can be seen from the above figure, the comprehensive price of hydrochloric acid in North China dropped this week, with the quotation falling from 312.50 RMB/ton at the beginning of the week to 305.00 RMB/ton at the weekend, a drop of 2.40%. On the whole, the hydrochloric acid market fell this week, and the hydrochloric acid commodity index on November 6 was 80.26.

Analysis review

From the manufacturers' quotations, the quotations of manufacturers in the hydrochloric acid market fell 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 700 RMB/ton, and the quotation was temporarily stable; Wenshui synthetic hydrochloric acid was quoted at 230 RMB/ton on the weekend, which was down compared with the beginning of the week The quotation of Jinan Yuanfei hydrochloric acid was 300 RMB/ton on the weekend, compared with the beginning of the week, the quotation was temporarily stable; the quotation of Dezhou Maihua hydrochloric acid on the weekend was 210 RMB/ton, which increased by 40 RMB/ton compared with the beginning of the week.

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 weak, while the downstream silica market had a recent downward trend, and the market price of ammonium chloride was stable and rising, which had a positive impact on hydrochloric acid. The overall hydrochloric acid market seemed to fall slightly this week, and the difficulty in shipping hydrochloric acid remained the major problem.

Market outlook

The recent market for liquid chlorine in the upstream is general, and the market for silica and ammonium chloride in the downstream has improved slightly. SunSirs analysts believe that the recent hydrochloric acid market will mainly rise slightly.

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

 

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