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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 28

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October 28, 2024, 6:05 PM

Analysis of sulfuric acid market price on October 28

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is basically stable. Among them, high-end prices in Hubei and Henan have increased slightly, with an increase of 10-20 yuan/ton. Recently, shipments in Hubei have continued to be good. The inventory of acid plants has declined, and the prices of new orders in the region have continued to rise. Affected by this, and some orders in hand, the transaction situation is also relatively good; in Shandong, as early maintenance companies resume production, supply has increased, and the price of new orders may weaken in the later period; In the short term, production and sales in the sulfuric acid market will be basically balanced, and prices will operate stably.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on October 28 was 386.15, an increase of 1.15 from the previous working day, or an increase of 0.

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3、 market outlook

This week, acid plants in early stages such as North China resumed production one after another. Some major acid plants in Central China were overhauled, and the supply of sulfuric acid was uneven; the downstream market remained in demand, but due to cost prices, the market remained in demand. In the later period, due to supply, the regional differentiation of sulfuric acid prices will intensify. The market wait-and-see atmosphere is strong, and sulfuric acid prices are dominated by fluctuations.