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SunSirs: On November 6th, Domestic Hydrochloric Acid Prices Fell by 3.08%
November 07 2023 15:26:51SunSirs(John)

Product name: Hydrochloric acid

Latest price (November 6th): 157.50 RMB/ton

Analysis review

On November 6th, the domestic hydrochloric acid market price slightly decreased, with a decrease of 5 RMB/ton compared to November 3rd, a decrease of 3.08%, and a year-on-year decrease of 15.63%.

The upstream liquid chlorine market hd recently experienced a significant decline, with insufficient cost support. The downstream ammonium chloride market was consolidating at a low level, and downstream purchasing willingness was average. The hydrochloric acid market was affected by the drop in liquid chlorine prices, resulting in a decrease in the market price.

Market outlook

In the future, the domestic hydrochloric acid market price may fluctuate and fall, with an average market price of around 150 RMB/ton.

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