February 13th News
On February 13th, Dongming Petrochemical's hydrochloric acid plant is operating normally. Today, the manufacturer has lowered its quotation by 30 yuan, with the price for 31% hydrochloric acid currently reported at 70 yuan/ton. Sales are satisfactory, and inventory levels are normal.
Chempricehub Analysis of Hydrochloric Acid
Bull-Bear Score: -1
The article indicates that Dongming Petrochemical has lowered its hydrochloric acid quotation by 30 yuan to 70 yuan/ton. The normal operation of the plant and normal inventory levels suggest sufficient supply. Although sales are satisfactory, the price reduction reflects relatively weak demand or intensified market competition. This news generally exerts a bearish impact on the spot price of hydrochloric acid, potentially leading to short-term downward pressure on prices.