[Sulfuric acid] Sulfuric acid market price analysis on October 16

Analysis of sulfuric acid market price on October 16

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is stable, and the prices of individual companies have increased slightly. As of now, the price of 98% ore acid in Guangdong is at 340-380 yuan/ton, and the price of 98% ore acid in Shandong is at 350-380 yuan/ton; Recently, the overall operation of the sulfuric acid market has been stable, with high raw material prices, high production costs and prices, and demand is relatively stable. The supply and demand relationship of acid plants is balanced, and the acid prices in China are stable; In the second half of the year, some acid companies in the market have re-established maintenance plans, and the prices of acid companies are firm. The sulfuric acid market will remain stable in the short term, and the prices of companies in some regions will be adjusted within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 16 was 368.85, an increase of 0.92 from yesterday, or an increase of 0.

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.