SunSirs--China Commodity Data Group

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SunSirs: On March 11th, Domestic Hydrochloric Acid Prices Increased by 5.26%

March 13 2024 09:35:58     SunSirs (John)

Product name: Hydrochloric acid

Latest price (March 11th): 100 RMB/ton

Analysis review

On March 11th, the domestic market price of hydrochloric acid increased significantly, with a price increase of 5 RMB/ton compared to March 10th, an increase of 5.26%, and a year-on-year decrease of 43.18%. The upstream liquid chlorine market had recently seen a significant increase, with increased cost support. The downstream polyaluminum chloride market was fluctuating and rising, and downstream purchasing willingness was good. Under multiple favorable factors, the price of hydrochloric acid had surged.

Market outlook

The domestic hydrochloric acid market prices may fluctuate and rise in the future, with an average market price of around 110 RMB/ton.

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