[Sulfuric acid] Analysis of sulfuric acid market price on November 8

Analysis of sulfuric acid market price on November 8

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the overall sulfuric acid market in China is stable. As of now, the factory price of 98% of smelted acid in Hubei is 380-430 yuan/ton, and the factory transaction price of 98% of smelted acid in Henan is 200-260 yuan/ton. Recently, the shipment of acid plants in some regions has been good, with some orders in hand and stocks are low; although demand in some areas in the downstream phosphate fertilizer market has weakened, there is little pressure on acid plants 'inventory; However, due to the increase in orders in the sulfuric acid export market, some regions have plans to increase their prices. However, downstream resistance is strong and upstream and downstream game sentiment is obvious. In the short term, the sulfuric acid market will wait and see more, and prices may continue to hold stable.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on November 8 was 393.08, which was unchanged from yesterday.

3、 market outlook

This week, maintenance acid plants in Shandong and Central China are expected to resume production. There are still companies in South China and Northeast China with maintenance plans, and the market supply situation is mixed. Demand in the downstream market remains just in demand, demand in the titanium dioxide industry is poor, and demand in some regions is weakening. There are signs that the supply and demand situation in the sulfuric acid market is different, and prices continue to be differentiated. The sulfuric acid market has a strong wait-and-see attitude, and prices may temporarily stabilize.