[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 3

Analysis of sulfuric acid market price on September 3

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, acid prices in some areas of China's sulfuric acid market continue to decline. As of now, the ex-factory price of 98% of smelted acid in Henan is between 200-350 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is between 80-320 yuan/ton; Recently, the southwest region has been affected by high temperatures, downstream start-ups have declined, and the supply of sulphuric acid is relatively sufficient. The shipping pressure of enterprises has increased and prices have declined within a narrow range; The phosphate fertilizer market in some downstream areas has weakened, and the amount of purchased sulfuric acid has decreased. The market transaction atmosphere has been deadlocked, and companies have been waiting and seeing.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 3 was 438.85, down 3.08 from yesterday, or 1%.

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.