[Sulfuric acid] Market price analysis of sulfuric acid on November 15

Analysis of sulfuric acid market price on November 15

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 price of 98% of smelting acid in Shandong is 210-330 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 420-470 yuan/ton. Recently, sulfur prices have continued to rise, providing strong support for sulfuric acid prices and high production costs; Demand in the downstream market remains stable. Affected by the sluggish price, we are also more cautious about purchasing sulfuric acid. We maintain more demand. The supply and demand of the sulfuric acid market are basically balanced. In the short term, the sulfuric acid market is expected to operate stably. Prices in some regions may adjust slightly, but the extent is limited.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on November 14 was 404.62, down 0.39 from yesterday, or 0.

3、 market outlook

This week, some acid companies in South China and North China plan to resume production and release new production capacity. At the same time, some major acid plants in the market also have maintenance plans, and the market supply situation is still differentiated; downstream phosphate fertilizer, titanium dioxide and other industries maintain demand, and the market wait-and-see atmosphere is strong. Due to the inventory of acid plants, the quotations of acid companies remain firm, market supply and demand are basically balanced, and the sulfuric acid market continues to operate stably.