[Sulfuric acid] Analysis of sulfuric acid market price on October 23

Analysis of sulfuric acid market price on October 23

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is basically stable, and prices in some regions have adjusted slightly. As of now, the price of 98% sulfuric acid in Jiangsu is at 380-480 yuan/ton, and the price of 98% smelting acid in Shandong is at 220-340 yuan/ton. Driven by the rise in the price of raw material sulfur, the price of sulfuric acid has been firm, and the price of sulfuric acid in some areas has been increased; Prices in Shandong and some surrounding areas in the smelting acid market have dropped slightly, mainly due to the impact of low-cost sources. Acid companies have experienced great shipping pressure, and the price of new orders has been mainly adjusted within a narrow range. The demand in the downstream phosphate fertilizer market is temporarily unstable, and the market still has high supply sources, high regional price differences in sulfuric acid are large, procurement in the downstream market is still cautious, and the sulfuric acid market is operating in a volatile manner.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on October 23 was 383.08, down 1.15 from yesterday, or 0.

3、 market outlook

This week, some acid companies will start maintenance one after another, but the release of new production capacity in Yunnan will continue to increase, and the market supply of sulfuric acid is still relatively sufficient; downstream demand is generally stable for the time being, and procurement is maintained. However, in the later period, major acid plants in some regions still have maintenance plans., prices may remain stable in the short term, and acid prices may continue to be significantly differentiated regionally in the long run.