[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 6

Analysis of sulfuric acid market price on September 4

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, China's sulfuric acid prices are mixed. As of now, the ex-factory price of 98% of smelted acid in Yunnan is between 420-510 yuan/ton, and the factory price of 98% of smelted acid in Sichuan is between 550-800 yuan/ton; Downstream demand in Sichuan is weakening, coupled with the significant drop in surrounding prices, the shipping pressure on acid companies continues to increase, and prices have dropped slightly; however, the transaction situation of Yunnan acid plants has improved, and new production capacity has not yet been released, supply is still tight, and acid prices are running strongly; However, overall downstream demand is still relatively weak, market supply and demand maintain a game state, wait-and-see attitude is strong, and prices are mainly adjusted within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 6 was 405.38, down 26.54 from yesterday, a decrease of 6%.

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.