SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Hydrochloric acid News > News Detail
Hydrochloric acid News
SunSirs: Domestic Hydrochloric Acid Prices Fell Sharply by 16.95% in August
August 31 2022 11:09:19SunSirs(John)

Price trend

As can be seen from the above figure, the domestic market price of hydrochloric acid dropped sharply this month. The price of hydrochloric acid fell from 196.67 RMB/ton at the beginning of the month to 163.33 RMB/ton at the end of the month, a decrease of 16.95% and a year-on-year decrease of 44.95% compared with the same period last year.

On August 29, the hydrochloric acid commodity index was 42.98, the same as previous day, down 68.83% from the highest point in the cycle (137.89 points on 2021-10-26), and up 139.04% from the lowest point of 17.98 points on September 05, 2012. (Note: The cycle refers to 2011-09-01 to the present)

Analysis review

Judging from the quotations of manufacturers, the domestic hydrochloric acid market fell slightly this month, and the downstream demand was general. Liaocheng Huatong's hydrochloric acid quotation at the end of the month was 100 RMB/ton, compared with the beginning of the month, the quotation was down 50 RMB/ton; Xiangcheng Sanan's hydrochloric acid was quoted at 260 RMB/ton at the end of the month, which was temporarily stable compared with the beginning of the month; At the end of the month, the price of Wenshui synthetic hydrochloric acid was 130 RMB/ton, which was 50 RMB/ton lower than that at the beginning of the month.

From the perspective of the upstream and downstream industry chains, the upstream liquid chlorine market was consolidating at a low level, and the support for hydrochloric acid was insufficient. The downstream ammonium chloride market fell slightly. The price of ammonium chloride fell from 1,210.00 RMB/ton at the beginning of the month to 1,145.00 RMB/ton at the end of the month, a decrease of 5.37%, and a decrease of 1.08% compared with the same period last year. The downstream polyaluminum chloride market fell slightly. The price fell from 2,141.25 RMB/ton at the beginning of the month to 2,095.00 RMB/ton at the end of the month, a decrease of 2.16%, and an increase of 18.96% over the same period last year. The downstream situation fell slightly, and the downstream's enthusiasm for purchasing hydrochloric acid weakened. On the whole, upstream and downstream products had a negative impact on the price of sulfuric acid this month.

Market outlook

In the first ten days of September, the hydrochloric acid market may fluctuate slightly and fall. The upstream liquid chlorine market has been consolidating at a low level recently, and the cost support is insufficient. The downstream ammonium chloride market has fallen slightly, and the price of polyaluminum chloride has declined slightly, and the enthusiasm for downstream purchases has weakened. Analysts of SunSirs believe that the recent market of hydrochloric acid may fluctuate slightly.

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

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products