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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 9

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October 9, 2024, 3:04 PM

Analysis of sulfuric acid market price on October 9

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Some prices in the sulfuric acid market in China have increased slightly today. As of now, the price of 98% smelting acid in Shandong is between 80-340 yuan/ton, and the price of 98% sulfuric acid is between 360-410 yuan/ton; the price of 98% smelting acid in Hubei is between 330-380 yuan/ton; Recently, due to the increase in the price of downstream phosphate fertilizer market, acid prices in Hubei, Shandong and other regions have increased; At present, the sulfuric acid market is understaffed and under the influence of stable demand, the supply-demand relationship in the sulfuric acid market is in a tight balance, and the market transaction atmosphere has gradually warmed up. Acid companies in some regions maintain a balance of production and sales, and the sulfuric acid market is operating well.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 9 was 381.15, an increase of 7.69 from yesterday, or 2%.

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3、 market outlook

During the holidays, the start of acid plants remained stable. Equipment maintenance in some areas decreased, and the supply of sulfuric acid decreased and the price increased slightly. At present, the overall downstream demand remains weak. With the decline in start-up, shipments of acid companies are under pressure, and the sulfuric acid market continues to maintain regional differentiation. Prices or continue to adjust mainly in a narrow range.