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SunSirs: On December 8th, Domestic Hydrochloric Acid Prices Increased by 18.42%

December 11 2023 10:57:28     SunSirs (John)

Product name: Hydrochloric acid

Latest price (December 8th): 112.50 RMB/ton

Analysis review

On December 8th, the domestic market price of hydrochloric acid increased significantly, with a price increase of 17.50 RMB/ton compared to December 7th, an increase of 18.42%, and a year-on-year decrease of 35.34%.

The upstream liquid chlorine market had recently stabilized at a low level, with average cost support. The downstream market for PAC and ammonium chloride had fluctuated and risen, leading to an increase in downstream purchasing willingness.

Market outlook

The domestic hydrochloric acid market prices may fluctuate and rise in the future, with an average market price of around 120 RMB/ton.

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