The ICIS Hydrochloric Acid report covers both the European and US markets and is published on a weekly basis. Both regions focus on pricing assessments for technical grade material.
Our locally based reporters analyse market news and intelligence to compile a report containing overviews, related product updates, production schedules, economic news and graphs. This is a valuable tool for you to use to support your commercial decision-making.
Updated to Q2 2019
European hydrochloric acid (HCl) supply was higher in Q2 compared with Q1, as availability improved in some markets after Covestro lifted its force majeure in Iberia. Production in the related chlor-alkali market was also high through the first half of 2019, which is likely to have contributed to the strong availability of HCl. German, Belgian and French sources also saw an increase in spot availability in June, although the cause was not entirely clear.
European HCl demand was slightly weaker in Q2 compared with Q1. The economic outlook in Europe has become more pessimistic following increased tension between the US and the EU, with manufacturing output falling along with demand for a number of chemicals. HCl demand is linked to steel production, chemical treatment and oil refining, which are strongly connected to economic activity. In addition, public holidays in the eurozone in May resulted in slower business activity.
US supply of hydrochloric acid built during the second quarter as low oil prices slowed drilling activity, for which HCl is used in the hydraulic fracturing process. Supply from Canada also entered the US market as Alberta established oil production restrictions.
Lower oil prices and limited pipeline takeaway capacity in the Permian Basin lowered drilling and hydraulic fracturing operations. HCl’s largest end-use is now the hydraulic fracturing process, where it is used to dissolve detritus from the bore holes before hydraulic hammering of shale formations to release the oil and gas trapped within. Demand for other uses of HCl, including for high-fructose corn syrup processing and steel and chemical manufacturing, remained steady to weaker on macroeconomic factors.
We offer the following regional Hydrochloric acid analysis and news coverage to keep you informed of factors and developments affecting prices in the Hydrochloric acid marketplace.
Price Reporting – More information about the price reports we publish on Hydrochloric acid
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Hydrochloric acid
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News & analysis
News & market analysis specifically relating to Hydrochloric acid
Breaking news of latest developments affecting the markets. Insight and analysis of factors driving prices.
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Hydrochloric Acid Methodology
Hydrochloric acid (HCl) can be produced in two ways, either by burning chlorine (burner grade) to produce semi-conductor or top of the range chemically pure strengths or as a by-product of various chlor-alkali processes.
Hydrochloric acid can be manufactured by direct synthesis where hydrogen and chlorine are reacted in a burner to produce hydrogen chloride. However, much hydrochloric acid is produced as a by-product of other processes such as vinyl chloride monomer (VCM), chlorinated methanes and ethanes, and fluorocarbons.
Applications for hydrochloric acid include steel manufacture where is used as a pickling agent, food manufacture in the canning process, and brick cleaning and concrete etching. It is also used in pulp and paper, chemical and water treatment, the electronics industry and pharmaceuticals. Domestic uses include many household cleaning products.
Hydrochloric acid presents a number of hazards as it is corrosive and can cause serious burns to skin and eyes. Personal protective equipment should always be worn when handling hydrochloric acid.
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