[Sulfuric acid] Sulfuric acid market price analysis on October 15

Analysis of sulfuric acid market price on October 15

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the sulfuric acid market in China is operating steadily. As of now, the ex-factory price of 98% of smelted acid in Henan is between 180-220 yuan/ton, and the arrival price of 98% of smelted acid in Guangxi is between 350-470 yuan/ton. The overall demand in the downstream industry is relatively stable. The production and sales of sulfuric acid in some regions are in balance, but the market stocking sentiment is relatively general, and most of the demand is maintained. Recently, sulfuric acid exports in some regions have performed well, and companies have delivered orders on hand, and there is little inventory pressure; Acid prices in some regions were low in the early stage. As the transaction situation improves, companies may have expectations of rising, and sulfuric acid prices will be mainly consolidated in the short term.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 15 was 367.92, which was the same as yesterday.

3、 market outlook

The start-up of acid plants in most regions remains stable, downstream market demand is stable, market supply and demand are basically balanced, and prices are temporarily stable; with the planned storage and commissioning of new production capacity in Guangxi in the later period, supply expectations increase, and regional price differences in the sulfuric acid market are large, and the market wait-and-see mood is strong. 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.