Recent price trend of hydrochloric acid

As can be seen from the above figure, the domestic hydrochloric acid price has increased significantly this week, with the average market price rising from 176.00 yuan/ton at the end of last week to 198.00 yuan/ton at the end of this week, an increase of 12.50%. Compared with the same period last year, the year-on-year decrease was 41.98%. On March 19th, the hydrochloric acid commodity index stood at 52.11, unchanged from yesterday, down 62.21% from the cycle’s highest point of 137.89 (2021-10-26), and up 189.82% from the lowest point of 17.98 on September 5th, 2012. (Note: The cycle refers to 2011-09-01 to now)

Upstream support is good, while downstream procurement is average

Judging from the manufacturer’s quotation, the domestic hydrochloric acid market price rose sharply this week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the market situation of upstream liquid chlorine has increased significantly, and cost support has increased. The downstream polyaluminum chloride market price decreased slightly, dropping from 1902.50 yuan/ton at the end of last week to 1877.50 yuan/ton at the end of this week, a decrease of 1.31%. Compared with the same period last year, the year-on-year decrease was 20.06%; The market price of ammonium chloride decreased slightly, with a decrease of 0.21% from 1205.00 yuan/ton at the end of last week to 1202.50 yuan/ton at the end of this week. Overall, upstream support is good, while downstream procurement enthusiasm is average.

Aftermarket Forecast

In late March, the market price of hydrochloric acid may mainly fall in a narrow range. The upstream liquid chlorine market has consolidated at a high level, with good cost support. The downstream polyaluminum chloride market has slightly declined, while the ammonium chloride market has slightly declined, and the downstream purchasing willingness is general. Analysts from the Business News Agency believe that hydrochloric acid has been mainly subject to a small fluctuation and decline in recent years.