According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices fluctuated and fell in November. The price of hydrochloric acid decreased from 162.50 yuan/ton at the beginning of the month to 152.50 yuan/ton at the end of the month, a decrease of 6.15%, and the price at the end of the month decreased by 22.98% year-on-year.

On November 28th, the hydrochloric acid commodity index was 40.13, unchanged from yesterday, a decrease of 70.90% from the highest point in the cycle of 137.89 points (2021-10-26), and an increase of 123.19% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to present)

From the supply side perspective, the domestic hydrochloric acid market has slightly declined this month, and manufacturers have limited inventory.

Cost side: Liquid chlorine prices rise first and then fall

From a cost perspective, the upstream liquid chlorine market for hydrochloric acid slightly increased in November, with an overall increase of 50 yuan/ton. Cost support has increased.

Demand side: Downstream demand is good

In November, the market for polyaluminum chloride slightly increased, with market prices rising from 1751.25 yuan/ton at the beginning of the month to 1763.75 yuan/ton at the end of the month, an increase of 0.71%, and a year-on-year decrease of 12.74% at the end of the month. The market situation of ammonium chloride slightly increased in November, with market prices rising from 687.50 yuan/ton at the beginning of the month to 717.50 yuan/ton at the end of the month, an increase of 4.36%, and a year-on-year decrease of 27.89% at the end of the month. The downstream market has slightly increased, and downstream manufacturers are more proactive in purchasing hydrochloric acid.

Looking at the future: In mid to early December, the hydrochloric acid market may experience slight fluctuations and gains. Upstream liquid chlorine prices have slightly increased, leading to increased cost support. The downstream ammonium chloride and polyaluminum chloride markets have seen a slight increase, and downstream procurement enthusiasm is good. Analysts from Business Society believe that the recent market for hydrochloric acid may experience slight fluctuations and increases.