[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 20

Analysis of sulfuric acid market price on September 20

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, China's sulfuric acid market has a strong wait-and-see attitude. As of now, the price of 98% of ore acid in Guangdong is at 330-380 yuan/ton, and the price of 98% of smelting acid in Guizhou is at 330-400 yuan/ton. The costs of downstream enterprises continue to be high, and there is still resistance to sulfuric acid procurement, and the inventory of acid plants has increased one after another; market demand is still weak, the game between supply and demand in the sulfuric acid market is obvious, transactions are deadlocked, and prices are weak and stable.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 20 was 387.69, which was the same as yesterday.

3、 market outlook

This week, the operating rate of sulfuric acid is expected to rise. Some downstream self-owned sulfuric acid plant companies plan to resume production, and maintenance companies are expected to resume. However, the downstream phosphate fertilizer and chemical industries are relatively sluggish, corporate cost pressure is high, and the relationship between supply and demand of sulfuric acid is unbalanced. Prices are under pressure, and prices in some regions may maintain a downward trend.