According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices first rose and then fell in July. The price of hydrochloric acid increased from 173.00 yuan/ton at the beginning of the month to 183.60 yuan/ton on July 21, an increase of 6.13%, and then dropped to 173.60 yuan/ton at the end of the month, a decrease of 5.45%. The overall price of hydrochloric acid increased by 0.35% in July. The price at the end of the month decreased by 11.73% year-on-year.

On July 30th, the hydrochloric acid commodity index was 45.68, unchanged from yesterday, a decrease of 66.87% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 154.06% 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)

From the supply side perspective, the domestic hydrochloric acid market has seen both ups and downs this month, with manufacturers having low inventory.

Cost side: The price of liquid chlorine has significantly increased

From a cost perspective, the liquid chlorine market saw a significant increase in July. Cost support is good.

Demand side: downstream demand is good

In July, the market price of ammonium chloride slightly increased, with the market price of ammonium chloride rising from 595.00 yuan/ton at the beginning of the month to 622.50 yuan/ton at the end of the month, an increase of 4.62%. The price at the end of the month decreased by 49.08% year-on-year. The market of Aluminium chlorohydrate in the lower reaches consolidated at a low level, and the market price fell from 1721.25 yuan/ton at the beginning of the month to 1718.75 yuan/ton at the end of the month, down 0.15%, and the price at the end of the month fell 19.73% year on year. Downstream market prices fluctuate, and downstream manufacturers have a moderate enthusiasm for purchasing hydrochloric acid.

Looking at the future market: In mid to early August, the hydrochloric acid market may experience slight fluctuations and gains. The upstream liquid chlorine price has significantly increased, cost support has increased, and the downstream ammonium chloride market has slightly increased, leading to an increase in downstream procurement enthusiasm. Analysts from Business Society believe that the recent market for hydrochloric acid may experience slight fluctuations and gains.