Price trend
As can be seen from the above figure, the comprehensive price of hydrochloric acid in North China increased this week, with the quotation rising from 172.50 RMB/ton at the beginning of the week to 177.50 RMB/ton at the weekend, an increase of 2.9%. On the whole, the hydrochloric acid market rose this week, and the hydrochloric acid commodity index on March 5 was 46.71.
Analysis review
Judging from the quotations of manufacturers, the quotations of manufacturers in the hydrochloric acid market rose this week, and the overall market was average. Taiyuan Kunshengda hydrochloric acid quotation was 60 RMB/ton, and the quotation was temporarily stable; Dezhou Shihua hydrochloric acid quotation was 600 RMB/ton, and the quotation was temporarily stable; Wenshui synthetic hydrochloric acid was quoted at 180 RMB/ton on the weekend, compared with the beginning of the week, the quotation was temporarily Stable; Jinan Yuanfei hydrochloric acid was quoted at 400 RMB/ton during the weekend, compared with the beginning of the week, the quotation was temporarily stable; Dezhou Maihua hydrochloric acid was quoted at 70 RMB/ton on the weekend, which was an increase of 20 RMB/ton compared with the beginning of the week.
From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market was general, and the support for hydrochloric acid was weak, while the downstream silica market was consolidating at a low level, which had a negative impact on hydrochloric acid. The market price of ammonium chloride consolidated at a high level, which had a positive impact on hydrochloric acid. The overall hydrochloric acid market seemed to be stable this week, and the difficulty in shipping hydrochloric acid was still a major problem.
Market outlook
The recent market for liquid chlorine in the upstream is general, and the market for silica and ammonium chloride in the downstream has both ups and downs. SunSirs analysts believe that hydrochloric acid will mainly fluctuate slightly in the near future.
