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SunSirs: On December 4th, Domestic Hydrochloric Acid Prices Fell by 24%
December 05 2023 10:08:48SunSirs(John)

Product name: Hydrochloric acid

Latest price (December 4th): 95.00 RMB/ton

Analysis review

On December 4th, the domestic market price of hydrochloric acid dropped significantly, with a decrease of 30 RMB/ton compared to December 1st, a decrease of 24.00%, and a year-on-year decrease of 46.63%.

The upstream liquid chlorine market had recently experienced a slight decline, with insufficient cost support. The downstream PAC market had slightly declined, and downstream purchasing willingness had weakened. Hydrochloric acid manufacturers had accumulated severe inventory and were lowering prices to attract orders.

Market outlook

The domestic hydrochloric acid market prices may fluctuate and fall in the future, with an average market price of around 90 RMB/ton.

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