Recent price trends of hydrochloric acid
| POLYVINYL ALCOHOL |
According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market price has temporarily stabilized this week, with an average market price of 158.00 yuan/ton. Weekend prices increased by 3.05% year-on-year. On September 10th, the hydrochloric acid commodity index was 41.58, unchanged from yesterday, a decrease of 69.85% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 131.26% 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)
Insufficient upstream support and weakened downstream demand
From the supply side perspective, the domestic hydrochloric acid market prices have temporarily stabilized this week, and manufacturers’ inventory is average.
From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently stabilized at a low level, with average cost support. The downstream market price of polyaluminum chloride has stabilized at a low level, with a price of 1700.00 yuan/ton. Weekend prices fell 17.92% year-on-year.
Future Market Forecast
In mid to late September, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market has recently shown an upward trend, with increased cost support. The downstream ammonium chloride market has stabilized at a high level, and downstream procurement willingness is good. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.
| http://www.polyvinylalcohols.com |