On January 30, the hydrochloric acid unit at Dongming Petrochemical operated normally. Today, the manufacturer raised its quotation by 20 yuan, with the price of hydrochloric acid at 31% concentration now reported at 100 yuan/ton. Sales by the manufacturer are satisfactory, and inventory levels are normal. PriceSeek analysis of hydrochloric acid, with a bullish-bearish score of 1: Dongming Petrochemical raised its hydrochloric acid quotation by 20 yuan to 100 yuan/ton, indicating potential strengthening demand or rising cost pressures, driving the spot price upward. Satisfactory sales and normal inventory levels suggest stable supply with no significant risk of supply disruptions. This news generally supports the spot price of hydrochloric acid, and a short-term upward trend in prices is expected.
Comments
0