[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 14

Analysis of sulfuric acid market price on September 14

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, the market price of sulfuric acid in China continues to decline. As of now, the factory price of 98% of smelted acid in Sichuan is 450-600 yuan/ton, and the price of 98% of sulphuric acid is 750-830 yuan/ton; the ex-factory price of 98% of smelted acid in Fujian is 330-420 yuan/ton; downstream chemical fertilizer demand in most regions is gradually weakening, market support is insufficient, companies are cautious in purchasing, and the inventory pressure on acid plants is gradually increasing; Coupled with the impact of the holidays, the preferential margins of acid companies have increased, the price weakness has declined, and the price decline has widened.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 14 was 387.69, down 16.92 from yesterday, or 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. The supply in the sulfuric acid market exceeds demand, and the shipment situation of enterprises is not optimistic. Many prices have been reduced and the market is operating in a sluggish manner.