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

Analysis of sulfuric acid market price on September 9

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, China's sulfuric acid market is weak and stable. As of now, the price of 98% ore acid in Guangdong is another 360-430 yuan/ton, and the price of 98% smelting acid in Guangxi is 450-550 yuan/ton; The market for downstream products is weak, the market is understaffed, and the demand for sulfuric acid is weak. Under the pressure of inventories, prices in some regions have been adjusted one after another. Due to the fact that new production capacity in the market has not yet increased, the market supply and demand are in a game, and the acid prices in the north and south regions have maintained a differentiated trend. Prices continue to adjust within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 9 was 424.62, down 3.85 from the previous working day, a decrease of 1%.

3、 market outlook

The start of the sulfuric acid market has basically remained at a high level. Coupled with the increase in new production capacity in the later period, demand continues to be weak. The supply and demand relationship in the sulfuric acid market may gradually be unbalanced, and supply exceeds demand gradually appears. Acid prices in some regions may be expected to decline again. Prices in some regions are expected to maintain stability.