February 6th News
On February 6th, the hydrochloric acid unit of Zhangzhou Xiangcheng San'an Chemical Co., Ltd. was operating normally. Today, the price of synthetic hydrochloric acid with a concentration of 31% was reduced by 50 yuan, and the current price is 100 yuan/ton. The manufacturer's sales are acceptable, and inventory levels are normal.
Chempricehub Analysis of Hydrochloric Acid
Bull-Bear Score: -1
The article reports that Zhangzhou San'an Chemical has reduced the price of hydrochloric acid by 50 yuan, with the current price at 100 yuan/ton. This indicates ample market supply and relatively weak demand, leading to a price decline. The normal operation of the unit, normal inventory levels, and acceptable sales further confirm stable supply. However, the price reduction reflects competitive pressure or insufficient demand. This generally exerts a bearish impact on the spot price of hydrochloric acid and may suppress short-term price rebounds.