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Weekly review of sulfuric acid (10.25-10.31)

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October 31, 2024, 5:06 PM

1. Analysis of sulfuric acid market in China

This week, China's sulfuric acid has basically stabilized. As of now, the price of 98% of smelting acid in Henan is 200-260 yuan/ton, the ex-factory price of 98% of ore acid in Sichuan is 600-700 yuan/ton, and the factory price of smelting acid is 450-600 yuan/ton; This week, the downstream phosphate fertilizer market demand is general, mainly due to maintenance plans for major factories in some regions, and the demand for outsourced sulfuric acid by enterprises has declined; Affected by environmental protection inspections in Sichuan, the construction of upstream and downstream enterprises has declined, and the transaction atmosphere has weakened. At present, sulfuric acid prices are high, and the costs of downstream industries are still under pressure. The market has basically maintained just demand, and the sulfuric acid market has temporarily stabilized. In the later period, with the maintenance of major acid factories in some regions, supply is expected to decline, while the regional differentiation of sulfuric acid prices is gradually obvious, and prices are expected to fluctuate mainly.

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

Yuan/ton