[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 29

Analysis of sulfuric acid market price on October 29

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the sulfuric acid market in China is stable. As of now, the factory price of 98% of smelting acid in the Yunnan market is 500-570 yuan/ton, the factory price of 98% of smelting acid in Sichuan is 450-600 yuan/ton, and the factory price of 98% of ore acid is 600-700 yuan/ton; New units in Yunnan have not been shipped yet, coupled with insufficient start-up in the area, the inventory pressure on acid plants is temporarily low, and enterprises purchase on demand; Some acid prices in Sichuan are high. Affected by environmental protection inspections, downstream construction has declined, market supply and demand have been deadlocked, and prices have temporarily stabilized in the short term.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on October 29 was 386.15, which was the same as yesterday.

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.