Recent price trends of hydrochloric acid
| Sodium Molybdate |
According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market price has slightly increased this week, with the average market price rising from 179.60 yuan/ton at the beginning of the week to 183.60 yuan/ton at the weekend, an increase of 2.23%. Weekend prices fell 6.65% year-on-year. On July 24th, the hydrochloric acid commodity index was 48.32, unchanged from yesterday, a decrease of 64.96% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 168.74% 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)
Upstream support is average, while downstream demand increases
From the supply side perspective, the domestic hydrochloric acid market prices have increased this week, and manufacturers’ inventory is average.
| Benzalkonium chloride |
From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is consolidating at a low level, with average cost support. The downstream Aluminium chlorohydrate market price was adjusted at a low level, with the price of 1718.75 yuan/ton. Weekend prices fell by 20.20% year-on-year; The market price of ammonium chloride has slightly increased, with the market price rising from 605.00 yuan/ton at the beginning of the week to 607.50 yuan/ton at the weekend, a decrease of 0.41%. The weekend price has decreased by 58.74% year-on-year. Overall, upstream support is average, while downstream demand is good.
Future Market Forecast
In late July, the market price of hydrochloric acid may experience a narrow range of fluctuations and declines. The upstream liquid chlorine market was adjusted at a low level, with general cost support. The downstream Aluminium chlorohydrate market was adjusted at a low level, the ammonium chloride market rose slightly, and the downstream purchase intention was weak. Analysts from Business Society believe that the recent slight fluctuations in the hydrochloric acid market have been the main trend.
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