Recently (3.29-4.3), according to the Commodity Analysis System of Business Society, the average price quoted by 94% of anhydrous calcium chloride enterprises was 1325.00 yuan/ton, a decrease of 32 yuan/ton from last week’s price, with a decrease of 2.39%. The market price of 94% anhydrous calcium chloride has been lowered, with a reference price of 1250-1450 yuan/ton including tax in Shandong and 1250.00 yuan/ton in the northwest market; The reference price for the Southwest region is 2400.00 yuan/ton, and the reference price for the Central South region is 2200.00 yuan/ton. This is for reference only, and actual orders are mainly negotiated.

Trend of raw material hydrochloric acid:

According to the Commodity Analysis System of Business Society, the price of hydrochloric acid fell at the end of February, and the domestic price of hydrochloric acid plummeted by 8.11%. Although there was a rebound in early March, the overall support for the cost of calcium chloride was limited.

Downstream cement trend:

According to the commodity market analysis system of Business Society, in March, construction sites in East China resumed work slowly, market demand was sluggish, clinker inventory was at a medium to high level, and sales pressure on enterprises was high. In order to ship goods, manufacturers led the way in lowering prices, resulting in a weak and declining cement market.

Market analysis:

Constrained by poor demand, manufacturers are seeking opportunities to ship and have lowered prices to stimulate outbound shipments; Affected by this, the market price of anhydrous 94% calcium chloride closely followed the downward adjustment. In terms of demand, the demand for goods was weak, stable, and cold, with overall supply exceeding demand.

Future Market Forecast:

Due to poor demand in the downstream industry of calcium chloride, coupled with sufficient supply from manufacturers, the overall trading atmosphere in the market is poor, and there is still a possibility of a downward trend.