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Weekly review of sulfuric acid (10.11-10.17)

2
October 17, 2024, 5:29 PM

1. Analysis of sulfuric acid market in China

This week, China's sulfuric acid market has basically stabilized, with prices in some regions rising slightly. As of now, the price of 98% sulfuric acid in the Shandong market is 360-420 yuan/ton, the price of 98% smelting acid is 80-340 yuan/ton, and the factory price of 98% smelting acid in the Yunnan market is 500-570 yuan/ton; Last week, the acid prices in some markets have been adjusted, but this week, the acid prices have stabilized, and the follow-up situation of orders in some markets has improved slightly; The overall start-up of the sulfuric acid market is relatively stable and the supply is relatively sufficient. While the raw material prices are high, the support for sulfuric acid prices is also relatively strong. At present, the downstream phosphate fertilizer market demand is good. As the demand for fertilizer ends in autumn, the demand for sulfuric acid will be limited in the later period. New production capacity in the Yunnan market has begun to be debugged, and sulfuric acid may be added one after another in the later period. Acid companies in some markets have maintenance plans, and market supply has decreased and increased. The market wait-and-see atmosphere is strong, and prices are expected to operate steadily.


2. Mainstream prices in sulfuric acid markets in major regions of China

Yuan/ton