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Weekly review of sulfuric acid (11.8-11.14)

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November 14, 2024, 5:28 PM

1. Analysis of sulfuric acid market in China

Prices in some areas of the sulfuric acid market in China have increased slightly this week. As of now, the ex-factory price of 98% ore acid in Shandong is 300-360 yuan/ton, the price of 98% smelting acid is 220-340 yuan/ton, and the price of 98% smelting acid in Hunan is 250-380 yuan/ton; Affected by the maintenance of some major acid plants, the supply of sulfuric acid has decreased. Although the downstream market has maintained demand, it has basically been relatively stable. The inventory of acid plants has declined. The supply of sulfuric acid in some areas has been tight. The market price has increased slightly, with an increase of more than 20-40 yuan/ton.; However, acid companies undergoing early maintenance are expected to resume production. However, due to the rise in raw material sulfur prices, market sentiment continues to be good, and export orders from the surrounding areas in the southwest are sufficient. Sulfuric acid is running well in the short term, and prices in some areas may be expected to rise again.

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

Yuan/ton