On June 3rd, the domestic hydrochloric acid market surged

Price: 117.5 yuan/ton

 

Thiourea

Analysis: On June 3rd, the domestic hydrochloric acid market remained strong. According to the Commodity Analysis System of Business Society, the price of hydrochloric acid increased significantly, with an increase of 14.63%. The main reason is that some manufacturers have adjusted their factory prices. The cost support for upstream liquid chlorine is relatively good. However, the downstream market for polyaluminum chloride has remained sluggish, with prices continuously falling since May, with a decline of 1.97%.

 

Market forecast: Currently, the downstream market for hydrochloric acid is weak and difficult to support high priced quotes. It is expected that the market for hydrochloric acid will rise and may be difficult to sustain, with a focus on volatility in the future.

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