[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 2

Analysis of sulfuric acid market price on September 2

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, some prices in China's sulfuric acid market are weak. As of now, the factory price of 98% of smelted acid in Sichuan is 600-800 yuan/ton, the factory price of 98% of ore acid is 750-930 yuan/ton, and 98% of smelted acid in Hubei is 390-480 yuan/ton; this week, production of major acid plants in some regions resumed, and market supply has continued to increase; Demand from the downstream fertilizer industry continues to be good, with strong support for sulfuric acid in some regions, but the acid price in some regions is high. Affected by the downward adjustment of the surrounding acid price, the acid price in some regions has gradually declined. However, the overall level is still at a high level. Under the need for support, the acid price has not fluctuated significantly for the time being, and it has maintained a narrow range of fluctuations.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 2 was 441.92, down 13.84 from the previous working day, or 3%.

3、 market outlook

As early maintenance companies resume production one after another, the start-up will gradually increase. However, the demand for downstream phosphate fertilizers is divided, coupled with the high cost pressure of chemical companies, and the demand for sulfuric acid is supported or limited. The shipment situation in some regions is weak, and the price is slightly discounted; However, some acid factories have low inventories, and the price adjustment is limited. Acid prices are expected to be mainly adjusted in a narrow range.