[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 11

Analysis of sulfuric acid market price on September 11

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, China's sulfuric acid market is basically stable. As of now, the ex-factory price of 98% of sulfuric acid in Hebei is 380-520 yuan/ton; the ex-factory price of 98% of ore acid is 300-410 yuan/ton; and the price of 98% of ore acid in Guangdong is 360-430 yuan/ton; Due to the high cost of raw materials, the quotations of sulfuric acid companies are firm, but the downstream market demand is relatively weak. Recently, acid prices in many regions have been discounted, and the pressure on high-priced acid shipments in the market is high; Moreover, the start of acid plants remains high, and the market supply and demand relationship is unbalanced. However, the holiday is approaching and demand may also increase. The market wait-and-see atmosphere is strong, and acid prices temporarily stabilize.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 11 was 421.15, which was the same as yesterday.

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, and the supply-demand relationship in the sulfuric acid market may gradually be out of balance. However, as the holidays approach, transportation in some regions may be restricted, and short-term demand for sulfuric acid may increase. However, due to the weak market, companies have a strong wait-and-see attitude, and the sulfuric acid market is expected to operate in a volatile manner.