Recent price trends of hydrochloric acid
| Sodium Molybdate |
According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market price increased by 5.41% this week, with an average market price of 97.5 yuan/ton. The weekend price decreased by 49.5% year-on-year.
The upstream support is good, and the downstream demand is average
From the supply side perspective, the domestic hydrochloric acid market prices have remained stable this week, with manufacturers operating at an average level and low inventory. The manufacturer’s equipment remains stable, the price of acid production remains rigid and stable, and the sales are relatively active.
From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently stabilized at a high level, with expectations of an increase and good cost support. The downstream polyaluminum chloride market has recently stabilized at a high level. The price remained stable this week, with a market price of 1818 yuan/ton. Polyaluminum chloride manufacturers are gradually resuming production, and downstream procurement willingness is average.
Future Market Forecast
In mid to late April, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market is consolidating at a high level, with upward expectations and good cost support. The downstream polyaluminum chloride market is consolidating at a high level, and downstream purchasing willingness is average. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.
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