Weekly review of sulfuric acid (10.18-10.24)

1. Analysis of sulfuric acid market in China

China's sulfuric acid market performed well this week. Prices in some regions showed an upward trend, and prices in some regions fell slightly. As of now, the price of 98% smelting acid in Shandong is 220-340 yuan/ton, and the price of 98% sulfuric acid is 300-420 yuan/ton; the price of 98% smelting acid in Zhejiang is 330-380 yuan/ton; This week, the shipment situation of acid companies in some regions is relatively good. The inventory of acid plants remains low and supply is tight. Coupled with the storage and maintenance plans of individual acid plants in the market, prices in East and Central China will increase by 50 yuan/ton under the good news; However, new production capacity in Yunnan and Guangxi will be shipped one after another. With the supply gap supplemented, good and negative news on the market is intertwined, and the market is also waiting and seeing. Demand for downstream phosphate fertilizers, chemical and other industries will temporarily stabilize. It is expected that the sulfuric acid market will stabilize in the short term, and some prices will fluctuate.

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

Yuan/ton