Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In the third quarter of 2023, the  Hydrochloric Acid market  in North America witnessed a mixed trend. The initial part of the quarter was characterized by stability, driven by modest demand from the household cleaning sector, while reduced consumption in the steel industry dampened overall demand. Downward pressure on the US steel market was further exacerbated by limited export orders. Despite these challenges, inventory levels remained steady throughout the month. Companies, however, continued to reduce backlogs and deplete finished product stocks. The market shifted in the second part of Q3, experiencing a slight increase in overall demand from downstream industries. Businesses cited a shortage of drivers hindering delivery time improvements. Production and supply disruptions in the US market, influenced by tight labor market conditions, led to a marginal rise in Hydrochloric Acid prices by the quarter's end. The US const...