Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market stabilized this week (2.20-24), with no increase or decrease. The average market price remained stable at 107.5 yuan/ton, and prices fell by 51% year-on-year over the weekend.

Insufficient upstream support, average downstream demand

From the supply side perspective, there has been no significant change in the domestic hydrochloric acid market prices this week, and supply and demand have maintained a reasonable balance. Firstly, the manufacturers are operating normally, and after reducing prices and clearing inventory in the early stage, the phenomenon of some enterprises accumulating inventory has been alleviated. 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 market for polyaluminum chloride has been declining steadily. This week, prices will mainly stabilize. The fluctuation range is 0, during the weekend, the market price is 1781 yuan/ton. Polyaluminum chloride manufacturers are gradually resuming production, and downstream procurement willingness is average.

Future Market Forecast

Business Society hydrochloric acid analysts believe that towards the end of the month, the market price of hydrochloric acid has stopped falling and stabilized. Overall, prices may maintain a range adjustment in the later stage, mainly due to insufficient cost support and weak supply-demand balance. It is expected that there will still be little room for price fluctuations in early June.