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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 24

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September 24, 2024, 3:42 PM

Analysis of sulfuric acid market price on September 24

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is basically stable, with individual prices rising and falling slightly. As of now, the ex-factory price of 98% smelting acid in Henan is 160-250 yuan/ton, and the ex-factory price of 98% ore acid in Shandong is 310-340 yuan/ton; Recently, as the holiday approaches, companies are more enthusiastic about stocking up, the inventory of some acid factories has dropped, and the shipment situation of companies is better; downstream chemical fertilizers, titanium dioxide and other industries maintain strong demand, the market areas are gradually differentiated, and prices are mainly adjusted in a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 24 was 373.08, down 2.31 from yesterday, or 1%.

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3、 market outlook

Demand in the downstream market is weak, and inquiries in the sulfuric acid market are still weak. Coupled with the approaching holiday, some acid factories have high inventory pressure, and the price of new orders is mainly adjusted within a narrow range. In addition, new production capacity in the market has yet to be released, making it difficult to balance the supply and demand relationship, and market transactions are sluggish., the sulfuric acid market is still weakening.