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Weekly review of sulfuric acid (9.27-10.10)

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October 10, 2024, 5:12 PM

1. Analysis of sulfuric acid market in China

This week, some prices in the sulfuric acid market in China continue to rise. As of now, the price of 98% of sulfuric acid in Shandong is between 360-410 yuan/ton, the price of 98% of smelting acid is between 80-340 yuan/ton, and the price of 98% of smelting acid in Hubei is between 330-380 yuan/ton; Due to the active shipment of some acid factories before the festival to reduce inventories, most acid factories have low inventories after the festival. Coupled with the maintenance of acid factories in the market and the shrinking supply, the price was raised; Due to the rise in prices in Hubei, prices in surrounding Hunan, Zhejiang and other places followed suit; but Henan, Guangxi and other places were affected by rising inventories, coupled with the restoration of early maintenance equipment, sulfuric acid transactions were slightly discounted; at present, the overall demand for downstream phosphate fertilizer and other industries has temporarily stabilized., there is still some support for the sulfuric acid market, but China's demand regions are divided, and sulfuric acid prices will be mixed.

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

Yuan/ton