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[Sulfuric acid] Sulfuric acid market price analysis on October 12

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October 12, 2024, 4:27 PM

Analysis of sulfuric acid market price on October 12

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, individual prices in the sulfuric acid market in China have increased slightly, with an increase of 10-40 yuan/ton; as of now, the price of 98% ore acid in Shandong is between 350-380 yuan/ton, and the price of 98% sulfuric acid is between 360-420 yuan/ton; The price of 98% ore acid in Hebei is between 300-390 yuan/ton; Recently, the shipment sentiment of acid companies in Shandong has maintained good, and corporate quotations have been successively increased; However, due to the impact of low acid prices in the early stage in Hebei and the rise in acid prices in Shandong, the acid prices in Hebei also rose. In addition, some areas in the market have maintenance plans in the later stage, supply may decrease and the market maintains good operation.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 12 was 367.92, an increase of 3.08 or 1%, from yesterday.

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3、 market outlook

The start-up of acid plants in most regions has remained stable. This month, acid plant maintenance plans in some regions such as Jiangxi are planned, and the supply of sulfuric acid is expected to decrease. In addition, the market atmosphere has warmed up slightly in recent days, and acid prices have been operating well. However, regional price differences in the sulfuric acid market are large, and higher prices have gradually declined. The downstream phosphate fertilizer, chemical and other industries have remained in demand. The market has a strong wait-and-see attitude. In the short term, the sulfuric acid market will continue to maintain regional differentiation, and prices may continue to be mainly adjusted in a narrow range.