Hydrochloric Acid (HCl) prices demonstrated a bullish trend globally in December xxxx, largely influenced by supply-demand dynamics and regional market conditions. Various factors, including trade tensions, maintenance shutdowns, and logistical disruptions, significantly shaped the price trajectory in key markets.
In the United States, HCl prices surged by x.xx toward the end of the year, driven by tight supply conditions. The country heavily depends on HCl imports from Canada to meet its domestic demand. However, the ongoing tariff war between the two nations and political turmoil in Canada following the election of President Trump strained trade relations. These disruptions limited the availability of HCl, contributing to a noticeable price increase.
Despite the supply challenges, demand for HCl in the US market varied across sectors. While consumption from downstream industries like food, beverages, and pharmaceuticals remained moderate, demand from the steel manufacturing...
