Analysis of sulfuric acid market price on October 29
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, the market price of sulfuric acid in China is stable. As of now, the mainstream price of 98% smelting acid in Henan is 200-260 yuan/ton, and the price of 98% sulfuric acid in Jiangsu is 380-480 yuan/ton; Recently, the downstream market demand has not improved. The market has remained mainly in demand and the mood is relatively cautious. This week, only the acid prices in some regions in the market have dropped slightly, while the acid prices in other regions have stabilized. The market has a strong wait-and-see attitude, and the sulfuric acid market is consolidating.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on October 30 was 386.92, an increase of 0.77 from yesterday, or an increase of 0.
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.