In May xxxx, Hydrochloric Acid (HCl) experienced a mixed price trend in the key global market. The variation between the supply and demand, cost of production and the shift in market dynamics supported the prices change.
In the North American market, prices for the HCl displayed a steady trend with the marginal fluctuations in the prices. This was mainly driven by the limited cost support from the feedstock side and the weak demand dynamics, The prices for the feedstock Liquid Chlorine were also weak during the month, supported the HCl prices to decline. In the US market, liquid Chlorine prices declined by x.xx during the month.
Demand for HCl from the downstream steel manufacturing industries also remained limited and the prices for steel also declined in May as many steel buyers assumed a 鈥渨ait and see鈥� stance due...
