[Sulfuric acid] Analysis of sulfuric acid market price on November 1

Analysis of sulfuric acid market price on November 1

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the overall sulfuric acid market in China is stable, and the acid price in Zhejiang and Guangxi has increased slightly. As of now, the ex-factory price of 98% of smelting acid in Zhejiang is 370-430 yuan/ton, and the arrival price of 98% of smelting acid in Guangxi is 370-470 yuan/ton; The main acid factories in Zhejiang have begun to be overhauled, and the supply in the area has decreased. Recently, acid factories in the area have removed more stocks, and the acid price has increased slightly; At present, demand in the downstream market in China is relatively stable, market production and sales are basically balanced, and acid prices are temporarily stable. In the later period, maintenance plans will be re-established in some areas, and the market sentiment will be positive. In the short term, the market may show a slight increase in some areas.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on November 1 was 391.15, an increase of 4.23 from yesterday, or 1%.

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.