Price trend

As can be seen from the figure above, the domestic hydrochloric acid price fell slightly this week, and the average market price fell from 198.00 RMB/ton at the end of last week to 178.00 RMB/ton at the end of this week, a decline of 10.10% and a year-on-year decrease of 45.06%.

On December 4, the hydrochloric acid commodity index was 46.84, unchanged from the previous day, down 66.03% from the highest point of 137.89 points (2021-10-26) in the cycle, and up 160.51% from the lowest point of 17.98 points on September 5, 2012. (Note: Period refers to 2011-09-01 to now)

The upstream support was weakened, and the downstream procurement was general

From the manufacturer's quotation, the domestic hydrochloric acid market price fell slightly this week. by Wenshui Hecheng’s hydrochloric acid was quoted at 90 RMB/ton this weekend, which was temporarily stable compared with last weekend; Liaocheng Huatong's hydrochloric acid was quoted at 50 RMB/ton this weekend, which was temporarily stable compared with last weekend; The hydrochloric acid of Shandong Zhenkun was quoted at 200 RMB/ton this weekend, which was temporarily stable compared with last weekend; Shijiazhuang Zhijian’s hydrochloric acid was quoted at 200 RMB/ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng San'an's hydrochloric acid was quoted at 350 RMB/ton this weekend, a temporary drop of 100 RMB/ton compared with last weekend.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market was consolidated at a low level, and the cost support was insufficient. The downstream polyaluminum chloride market price was temporarily stable at 2021.25 RMB/ton, down 14.22% year on year. The market price of ammonium chloride rose slightly, from 962.50 RMB/ton at last weekend to 995.00 RMB/ton at this weekend, an increase of 3.38%. On the whole, the upstream support was insufficient while the downstream procurement enthusiasm was general.

Market outlook

In the early and mid December, the market price of hydrochloric acid may rise in a narrow range in shock. The market of upstream liquid chlorine was consolidated at a low level recently, with average cost support. The market of downstream polyaluminum chloride was consolidated at a low level, the market of ammonium chloride rose slightly, and the purchase intention of downstream increased. Analysts from SunSirs believe that hydrochloric acid will fluctuate and rise by a small margin in the near future.

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