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[Sulfuric acid] Sulfuric acid market price analysis on October 14

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October 14, 2024, 3:22 PM

Analysis of sulfuric acid market price on October 14

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the market price of sulfuric acid in China has temporarily stabilized. As of now, the factory price of 98% of smelting acid in Hubei is 330-380 yuan/ton, and the factory price of 98% of smelting acid in Guizhou is 330-400 yuan/ton. After the acid price was increased in most regions last week, the market has temporarily stabilized today; The overall demand in the downstream industry is relatively stable, and the production and sales of sulfuric acid in some regions are in balance. However, the market sentiment for stocking is relatively general, and most demand is maintained. Sulfuric acid prices are expected to remain stable in the short term.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 14 was 367.92, which was the same as the previous working day.

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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.