Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market price fell this week, with a decrease of 4.44%. The average market price dropped from 112.5 yuan/ton last weekend to 107.5 yuan/ton this Friday, and the weekend price fell by 51% year-on-year.

Insufficient upstream support, average downstream demand

From the supply side perspective, the domestic hydrochloric acid market prices have fallen this week, with manufacturers operating normally and some companies accumulating inventory, resulting in excessive inventory. The manufacturer maintains stable equipment and is more proactive in shipping goods.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has been operating steadily recently, and cost support has further weakened. The downstream polyaluminum chloride market has been experiencing a continuous decline in recent times. This week, the price slightly decreased by 0.35%, during the weekend, and the market price was 1780 yuan/ton. Polyaluminum chloride manufacturers are gradually resuming production, and downstream procurement willingness is average.

Future Market Forecast

In late May, the market price of hydrochloric acid may remain stable with some decline. The upstream liquid chlorine market lacks support, and there is still room for further decline in the downstream polyaluminum chloride market. Downstream purchasing willingness is average. Analysts from Business Society believe that the recent weak and volatile hydrochloric acid market is the main trend.