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

Analysis of sulfuric acid market price on April 9

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is mainly organized. As of now, the ex-factory price of 98% smelting acid in Shandong is 110-345 yuan/ton, the ex-factory price of 98% sulfuric acid in Shandong is 300-390 yuan/ton, and the price of 98% ore acid in Guangdong is 380-430 yuan/ton; Acid prices in Shandong have been slightly adjusted. Due to pressure on shipments, individual ore acid companies have increased their inventories, and the price of new orders has been slightly adjusted. Some of the main acid companies in smelting acid have begun to overhaul their equipment. As supply decreases, prices are firm; demand for phosphate fertilizers in some downstream areas has decreased, chemical demand has temporarily stabilized. As supply and demand of sulfuric acid decreases, prices have temporarily stabilized, and the market has a strong wait-and-see attitude.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 9 was 365.19, which was the same as yesterday.

3. Future outlook forecast

This month, the main acid factories in some regions took turns for maintenance, and the overall market supply has shrunk. However, the downstream supply has been completed in the early stage, and the market supply and demand are basically stable. Due to the high sulfuric acid price, downstream enterprises have been under pressure, while downstream phosphate fertilizer demand has weakened, and demand for sulfuric acid in the later period may decrease, and sulfuric acid prices are expected to be mainly adjusted within a narrow range.