Analysis of sulfuric acid market on 9,June

Analysis of the domestic sulfuric acid market price

Today, the domestic sulfuric acid market price is stable. Up to now, the ex factory price of 98% smelting acid in Chifeng is 620-820 yuan / ton; that in Bayannur is 650-840 yuan / ton, and the mainstream price of 98% smelting acid in Guangxi is 1050-1200 yuan / ton; Recently, some downstream industries in the northern region started to decline, and the market demand was reduced, but the inventory of the main acid plants was low, the supply and demand remained balanced, and the acid price remained stable.The coal coking industry in some regions has reduced production, the supply of goods around the market is relatively sufficient, and the downstream is in conflict with high prices and purchases according to their needs;Recently, some downstream sulfur sulfonic acid enterprises have increased their enthusiasm for purchasing sulfur, and most of the externally extracted smelting acid has maintained a rigid demand; However, there is still pressure on the cost of enterprises, which is somewhat resistant to the rise of acid price, and the market may be keep stable.

Forcast of the market

At present, the supply of sulphuric acid market is stable, and some manufacturers have overhauled their units. Recently, the sulphuric acid market is weak as a whole, the procurement of downstream enterprises has decreased significantly,  some industries show a declining trend from steady.the cost pressure of enterprises is high and they purchases according to their needs. On the whole, the market continues to be weak, and it is expected that the price of sulfuric acid will keep weak in the later period.