[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 25

Analysis of sulfuric acid market price on September 25

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the market price of sulfuric acid in China is weak and stable. As of now, the ex-factory price of 98% of smelted acid in Liaoning is 440-620 yuan/ton, and the arrival price of 98% of smelted acid in Guangxi is 370-470 yuan/ton; The overall supply in the sulfuric acid market is relatively sufficient, and acid factories have inventories. However, the downstream market continues to be weak, demand support is insufficient, enterprises continue to be cautious in purchasing, and the supply and demand relationship in the sulfuric acid market is unbalanced. In addition, acid factories in most regions have many expectations of lowering their stocks before the festival. In some regions, acid prices are weak, and transaction prices are discussed separately.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 25 was 373.08, which was the same as yesterday.

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.