Weekly review of sulfuric acid (8.16-8.22)

1. Analysis of Chinese Sulfuric Acid Market

This week, China's sulfuric acid market is in a stalemate. As of now, the price of 98% of smelted acid in Yunnan is at 360-450 yuan/ton, and the factory price of 98% of smelted acid in Guizhou is at 450-550 yuan/ton. This week, the downstream phosphate fertilizer market demand remains stable. However, due to the high acid price, some downstream sulfuric acid plant companies have started to increase, and the demand for sulfuric acid has decreased compared with the previous period; After the acid price in Yunnan was significantly reduced in the early stage, the construction of downstream operations in the region increased, and the acid prices of individual acid plants increased. However, the acid prices in the surrounding areas were still higher than that. However, the inventory pressure of acid plants in most areas of the southwest region was not great, and the price of acid plants was relatively firm; Acid prices in the northern region continued to remain stable, enterprises continued to need procurement, and both supply and demand were playing games, and market prices remained stable; overall, the sulfuric acid market was regionally divided, enterprises remained a strong wait-and-see attitude, and prices in some areas fluctuated and adjusted.

2. Mainstream prices in sulfuric acid markets in major regions of China

Yuan/ton