Metals & Mining Theme, Chemicals, Ferrous, Solvents & Intermediates

February 06, 2024

Platts launches European, US hydrochloric acid contract prices

Platts, part of S&P Global Commodity Insights, has launched weekly hydrochloric acid contract prices for Northwest Europe and the US, Feb. 6.

Details of the new assessments are as follows:

Basis and location: Delivered US Gulf Coast DDP Northwest Europe
Type: Long-term freely negotiated contract Long-term freely negotiated contract
Size: 5,000-15,000 wst/year 3,000-5,000 lmt/year
Delivery period:

Delivered in current quarter (CHCLU01)

Delivered in the following quarter (CHCLU02)

Delivered in current quarter (CHCLE01)

Delivered in the following quarter (CHCLE02)
UOM: $/wet short ton (wst) Euro/liquid metric ton
Product specifications:

Technical grade muriatric hydrochloric acid produced by burner or as a byproduct;

22 degrees Baume (HCL content:35.21%-36.95%); Iron content of less than 5.0 ppm

Technical grade materials produced as a by-product during polyurethane production;

HCL content: 30%-33%
Mode of transport: Truck or rail car Truck

The prices reflect contract prices for medium size customers, purchasing 5,000-15,000 wst/year in the US and 3,000-5,000 lmt/year in Europe.

Pricing information deviating from the proposed standard may be reflected in the assessments, subject to normalization.

Platts defines a contract price as one negotiated against an annual commitment to supply or procure regular volumes.

The assessments reflect deliveries within specified quarters, reflecting both the direction of ongoing negotiations and concluded deals.

All market information reported to Platts may be considered and published weekly, including firm offers and bids in negotiations and indicative values, as well as any other data deemed relevant to the assessment process.

Platts prioritizes transparent and verifiable data that has been tested in the market and reflects the negotiated and mutually-agreed absolute price.

The new assessments and commentaries are published in the Platts Solventswire and on Platts Connect.

They are published in line with each regional publication calendar and are based on the latest information sourced from the market up to the close of the assessment process every Tuesday at 1:30 pm Central time for the US, and at 4:30 pm London time for Northwest Europe.

Please send any comments or feedback to petchems@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.