Hydrochloric Acid (HCl) prices displayed a mixed trend across global markets in November xxxx, reflecting diverse regional dynamics.
In Europe, the HCl market showed a balanced price trend, particularly in Germany, where prices remained stable at USD xxx/MT FOB Hamburg. This stability stemmed from limited demand, favorable production costs, and optimized operation rates. Despite increased chlor-alkali production to meet downstream consumption, HCl demand from the steel manufacturing industry stayed subdued due to weak demand from the automobile sector. Data from the Germany Federal Motor Vehicle Office (KBA) revealed a x.xx decline in new passenger car registrations in November xxxx compared to the previous year. Moreover, total vehicle sales for the year鈥檚 first eleven months fell by x.xx, further dampening the demand for HCl.
In the US market, HCl prices rose significantly by x.xx in November, driven primarily by surging production costs. Liquid chlorine prices spiked, influenced...
