SunSirs: The Price of Calcium Chloride Was Weakly Consolidating, and the Raw Material Prices Were Stable
April 18 2024 10:07:28 SunSirs (John)
Price trend
Recently (4.8-4.17), according to the Commodity Analysis System of SunSirs, the market average price of anhydrous calcium chloride with a 94% content was 1,325 RMB/ton, which was unchanged from last week. The reference price including tax in Shandong was 1,250-1,450 RMB/ton, and the reference price in the northwest market was 1,250.00 RMB/ton; The reference price for the Southwest region was 2,400.00 RMB/ton, and the reference price for the Central South region was 2,200.00 RMB/ton, for reference only. Actual orders were subject to negotiations.
Analysis review
In terms of cost:
Raw material hydrochloric acid: According to the commodity analysis system of SunSirs, the domestic hydrochloric acid market price remained stable this week, with an average market price of 92.5 RMB/ton. Over the weekend, the price decreased by 53.28% year-on-year. In April, the domestic hydrochloric acid market price remained stable, and manufacturers started operating normally with low inventory. SunSirs’ analysts believe that in mid to late April, the market price of hydrochloric acid may fluctuate and rise mainly.
In terms of demand:
The market demand had not shown a significant rebound yet, with customers in demand for building materials, metallurgy, petrochemicals, pharmaceuticals, and other industries purchasing on demand, and downstream trading was not active.
Market outlook
Overall, the shipment of anhydrous calcium chloride remained stable, mainly based on orders, with a focus on market transactions in the later stage. It is expected that the price of anhydrous calcium chloride will remain stable.
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