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[Sulfuric acid] Sulfuric acid market price analysis on October 11

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October 11, 2024, 5:16 PM

Analysis of sulfuric acid market price on October 11

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the sulfuric acid market in China has stabilized and moved slightly. As of now, the ex-factory price of 98% ore acid in Sichuan is 630-750 yuan/ton, and the ex-factory price of 98% sulfuric acid is 650-800 yuan/ton; The price of 98% smelting acid in Gansu is 270-500 yuan/ton; Recently, the acid price in many regions in China has increased slightly by 30 yuan/ton; However, the price of sulfuric acid market is obviously divided regionally. Prices in Gansu and Sichuan have fallen back today. The downstream market has maintained just demand and is affected by high acid prices. The transaction sentiment of new orders is cold and the pressure of high-priced transactions is high. In the later period, some areas in the market will have maintenance plans., the price difference is large, and prices will continue to be mixed.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 11 was 364.85, a decrease of 7.69 or 2%, from yesterday.

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3、 market outlook

The start-up of acid plants in most regions has remained stable. This month, acid plant maintenance plans in some regions such as Jiangxi are planned, and the supply of sulfuric acid is expected to decrease. In addition, the market atmosphere has warmed up slightly in recent days, and acid prices have been operating well. However, regional price differences in the sulfuric acid market are large, and higher prices have gradually declined. The downstream phosphate fertilizer, chemical and other industries have remained in demand. The market has a strong wait-and-see attitude. In the short term, the sulfuric acid market will continue to maintain regional differentiation, and prices may continue to be mainly adjusted in a narrow range.