NTPC Green Energy tendered a water demineralisation plant for its planned 7GW green hydrogen-based chemicals hub in Andhra Pradesh. The project targets 2.5 million tonnes per year of hydrogen-based chemicals, adding substantial future green hydrogen supply and likely easing price pressure.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Hydrochloric Acid | China | FOB | USD 29.82/MT | June 2026 |
| Hydrochloric Acid | USA | FOB | USD 145.23/MT | June 2026 |
| Hydrochloric Acid | Germany | CIF | USD 117.45/MT | June 2026 |
| Hydrochloric Acid | India | CIF | USD 117.37/MT | June 2026 |
| Hydrochloric Acid | Japan | CIF | USD 62.67/MT | June 2026 |
| Hydrochloric Acid | China | FOB | USD 22.49/MT | May 2026 |
| Hydrochloric Acid | USA | FOB | USD 141.68/MT | May 2026 |
| Hydrochloric Acid | Germany | CIF | USD 115.94/MT | May 2026 |
| Hydrochloric Acid | India | CIF | USD 89.83/MT | May 2026 |
| Hydrochloric Acid | Japan | CIF | USD 60.24/MT | May 2026 |
Stay updated with the latest Hydrochloric Acid prices, historical data, and tailored regional analysis
Asia
In Q2’26, Hydrochloric Acid prices in China increased to ~RMB 0.11/kg in April and ~RMB 0.15/kg in the subsequent month, showing a ~32.9% increase. The market strengthened due to reduced merchant availability, higher exports and chlor-alkali maintenance affecting chlorine supply. China exported 8,156.2 MT of hydrochloric acid during January-March, increasing 149.3% year over year, reducing domestic availability. More than 5 million MT of chlor-alkali capacity was under maintenance during May and June, lowering chlorine output and supporting hydrochloric acid prices. The market corrected in June as some supply returned and downstream buyers resisted higher offers. Demand remained weak from water treatment and steel-related applications, with crude steel production declining 2.7% year over year in May, limiting consumption for pickling and surface treatment.
Europe
European markets remained stable to softer as higher chlor-alkali production improved availability of chlorine and hydrochloric acid. Chlorine production increased in April, while caustic soda inventories also moved higher, reducing supply concerns. Weak steel activity limited demand from metal processing applications, with EU crude steel production declining during January-May. Germany showed better steel performance, but stronger local demand was insufficient to offset broader regional weakness.
North America
Hydrochloric Acid prices in the United States declined to ~USD 152.11/MT in April and ~USD 141.68/MT in the following month, showing a ~6.9% decrease. The market remained under pressure due to weaker chlor-alkali conditions entering the quarter and higher production costs affecting suppliers. However, improving steel and oilfield activity provided support later in Q2. North American crude steel production increased in May, supporting hydrochloric acid consumption in pickling and coil-processing operations. Higher drilling activity also supported demand for hydrochloric acid in well stimulation and oilfield applications.
Analyst Insight
According to Procurement Resource, hydrochloric acid prices are expected to remain regionally mixed, with supply availability and chlor-alkali operating rates influencing movements, while stronger steel and oilfield demand may provide support.
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Asia
Hydrochloric acid prices in Asia declined sharply during Q1 2026, led by China. Prices in China fell from ~RMB 0.11/kg (Spot FD) in January to ~RMB 0.09/kg in March, marking a ~18.03% decline over the quarter and a ~5.52% drop on a quarter-on-quarter basis. The primary driver was excess supply from sustained chlor-alkali production, where higher chlorine output translated into increased HCl availability. Additionally, market sentiment weakened following the policy, where restrictions on acid exports in China increased domestic availability, further pressuring prices. On the demand side, weak steel sector activity and limited chemical consumption reduced procurement volumes, reinforcing the bearish trend.
Europe
In Europe, HCl prices witnessed a slight drop in the quarter as well, although at a relatively slower pace than the other two regions. The drop was mainly caused by improvements in supply, with stable chlor-alkali operations increasing the production of by-products. However, the demand coming from construction-based sectors was relatively slow, thus weakening the need for HCl for use in steel pickling. Further, the general problems being faced by the European chemical industry include low industrial activities due to geopolitical issues and limited demand.
North America
Prices were softer in the first quarter of 2026 in the North American region, mainly due to adequate supplies and relatively balanced demand levels. Supplies were abundant because of constant chlor-alkali production levels, resulting in the continuous availability of HCl as a by-product. Demand levels coming from oil field services and construction-related uses did not improve much, leading to no rise in prices. Moreover, steady trade flows and no disruptions in supply maintained sufficient supplies in the market.
Hydrochloric Acid, a colourless inorganic chemical system, is a simplest chlorine-based acid system that contains water. It has a characteristic pungent smell. It is grouped as strongly acidic. It is a solution made from hydrogen chloride and water, with several other chemical species like hydronium and chloride ions. Being a strong acid product with acute toxicity and corrosivity, Hydrochloric Acid is extensively used for steel pickling.
H1Cl1
Steel pickling, Pharmaceuticals, Amino acid, Monosodium glutamate, Oil well acidizing, Food manufacturing, Calcium chlorides, Ore processing
7647-01-0, Hydrogen chloride, Muriatic acid
Solvay SA, Covestro AG, Olin Corporation, BASF SE, AGC Inc, The Dow Chemical Company, Occidental Petroleum Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In order to produce Hydrochloric Acid from hydrogen and chloride, both the reactants are utilised in their gaseous forms, which can be obtained from the electrolysis of brine. Combustion of hydrogen and chlorine takes place, which are cooled to produce Hydrochloric Acid.
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