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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