[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 13

Analysis of sulfuric acid market price on September 13

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, China's sulfuric acid market maintains a weak trend. As of now, the price of 98% of smelting acid in Zhejiang is at 240-290 yuan/ton, and the price of 98% of smelting acid in Fujian is at 330-480 yuan/ton. The downstream market has started to decline, and the market transaction atmosphere has been deserted. In addition, the holidays are approaching. Acid companies in some regions are actively shipping and have made many price adjustments; due to the high price of raw sulfuric acid, the acid price of sulfuric acid has been adjusted slightly under the influence of cost; As demand continued to weaken, the contradiction between supply and demand of sulfuric acid became more obvious in the later period, and prices remained weak.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 13 was 404.62, down 16.54 from yesterday, a decrease of 4%.

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 fluctuate downward.