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SunSirs: The Price of Hydrochloric Acid in North China Temporarily Stabilized This Week (January 11-15)
January 19 2021 13:30:52SunSirs(John)

Price trend

As can be seen from the above figure, the comprehensive price of hydrochloric acid in North China temporarily stabilized this week, with a quotation of 182.50 RMB/ton. On the whole, the hydrochloric acid market was temporarily stable this week, and the hydrochloric acid commodity index on January 15 was 48.03.

Analysis review

Judging from the manufacturers' quotations, the hydrochloric acid market manufacturers' quotations were temporarily stable this week, and the overall market was average. Taiyuan Kunshengda hydrochloric acid quotation was 60 RMB/ton, and the quotation was temporarily stable; Dezhou Shihua hydrochloric acid quotation was 550 RMB/ton, and the quotation was temporarily stable; Wenshui synthetic hydrochloric acid was quoted at 240 RMB/ton on the weekend, compared with the beginning of the week, the quotation was temporarily Stable; Jinan Yuanfei hydrochloric acid was quoted at 300 RMB/ton during the weekend, which was temporarily stable compared to the beginning of the week; Dezhou Maihua hydrochloric acid was quoted at 130 RMB/ton during the weekend, and the price was temporarily stable 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 declines slightly, which had a negative impact on hydrochloric acid. The market price of ammonium chloride consolidated at a high level, which had a positive impact on hydrochloric acid. The overall hydrochloric acid market seemed to be stable this week, and the difficulty in selling hydrochloric acid was still a major problem.

Market outlook

The recent market for liquid chlorine in the upstream was general, while the market for silica and ammonium chloride in the downstream had both ups and downs. SunSirs analysts believe that the hydrochloric acid mainly shock to decline in the near future.

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