During the initial week of May xxxx, Hydrochloric Acid (HCl) prices in the US market displayed stability following a downward trend observed in the preceding month. In April xxxx, the US HCl market experienced a x.xx price reduction. This dip was attributed to decreased HCl sales volumes. However, HCl downstream industries, particularly steel rebar, saw minimal fluctuation at x.xx, while upstream caustic soda prices surged by xx, signaling sustained HCl demand.
Additionally, Olin Corporation&#xx;s Qx report showcased the condition of the chlor alkali sector, despite a year-over-year revenue decline of approximately xx.xx. This decline primarily resulted from reduced sales volumes and lower prices, notably affecting caustic soda sales. Total sales for the period ending March xx, xxxx, amounted to USD x,xxx.x million, marking an xxx decrease compared to the same period last year.
Moreover, during the month, HCl production supply remained robust due to continuous...
