According to the commodity analysis system of the business community, the price of domestic hydrochloric acid market rose slightly in April. The price of hydrochloric acid increased from 198.00 yuan/ton at the beginning of the month to 207.00 yuan/ton at the end of the month, an increase of 9 yuan/ton or 4.55%. At the end of the month, prices decreased by 33.23% year-on-year.

On April 26th, the hydrochloric acid commodity index was 53.58, unchanged from yesterday, a decrease of 61.14% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 198.00% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to the present)

From the supply side perspective, the domestic hydrochloric acid market has seen both ups and downs this month, with manufacturers having low inventory.

Cost side: Liquid chlorine price drops

From a cost perspective, the liquid chlorine market slightly declined in April. The price of liquid chlorine has dropped from 350 yuan/ton at the beginning of the month to 100 yuan/ton at the end of the month, a decrease of 250 yuan/ton. The upstream liquid chlorine market has slightly declined, with insufficient cost support.

Demand side: Downstream demand is weak

In April, the market price of ammonium chloride fell sharply, from 1165.00 yuan/ton at the beginning of the month to 905.00 yuan/ton at the end of the month, a decline of 22.32%, and the price at the end of the month fell 37.37% year on year. The downstream polyaluminum chloride market declined slightly. The market price fell from 1871.25 yuan/ton at the beginning of the month to 1800.00 yuan/ton at the end of the month, a drop of 3.81%, and the price at the end of the month fell by 22.04% year on year. The downstream market situation has significantly declined, and downstream manufacturers have weak enthusiasm for purchasing hydrochloric acid.

Looking at the future market: In mid to early May, the hydrochloric acid market may experience slight fluctuations and declines. The upstream liquid chlorine market has slightly declined, with insufficient cost support. The downstream ammonium chloride and polyaluminum chloride markets have significantly declined, and downstream procurement enthusiasm is weak. Analysts from Business Society believe that the recent market for hydrochloric acid may experience slight fluctuations and declines.