Weekly review of sulfuric acid (9.13-9.19)

1. Analysis of Chinese Sulfuric Acid Market

China's sulfuric acid market is weak and stable this week, and shipping pressure is still high. Prices in some regions have been reduced within a narrow range. As of now, the factory price of 98% of smelting acid in Sichuan is between 450-600 yuan/ton, and the factory price of 98% of sulfuric acid is between 700-830 yuan/ton; the factory price of 98% of smelting acid in Henan is between 180-280 yuan/ton; During the holiday period, due to the shutdown of some acid plants in Hubei, the surrounding demand increased slightly. However, as the acid plants resumed production in the early stage of maintenance, the supply still increased slightly compared with the previous period; the overall demand in the downstream industry is still weak, and the demand for sulfuric acid remains strong. The willingness to stock up is not high, and the acid prices in Central China, Southwest and other regions are relatively stable; The recent improvement in shipments in South China is mainly due to the maintenance plans of some acid factories in the area during the National Day holiday. Inventory pressure is not great, supply and demand are basically balanced, and the market is also more wait-and-see. Sulfuric acid prices are expected to operate stably in the short term, and individual prices may be in a narrow range. Lower.

2. Mainstream prices in sulfuric acid markets in major regions of China

Yuan/ton