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SunSir: On June 5th, Domestic Hydrochloric Acid Prices Fell by 5.71%

June 06 2023 09:35:23     SunSirs (John)

Product name: Hydrochloric acid

Latest price (June 5th): 165.00 RMB/ton

Analysis review

On June 5, the price of domestic hydrochloric acid market fell slightly, 10 RMB/ton lower than that on June 2, with a decrease of 5.71%, and a decrease of 48.44% year-on-year. The upstream liquid chlorine market recently stabilized at a low level, cost support was average. The downstream market for PAC and ammonium chloride had slightly declined, and downstream purchasing willingness had weakened.

Market outlook

In the future, the price of hydrochloric acid in the domestic market may drop slightly in shock, and the average market price is about 150 RMB/ton.

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