[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 21

Analysis of sulfuric acid market price on October 21

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, acid prices in Shandong have dropped slightly, while other prices have temporarily stabilized. As of now, the ex-factory price of 98% of ore acid in Shandong is between 300-360 yuan/ton, the ex-factory price of 98% of smelting acid is between 250-340 yuan/ton, and the price of 98% of smelting acid in Hunan is between 210-320 yuan/ton; Last week, the price of Shandong's acid rose due to the sharp increase in surrounding prices, and the price rose to a high level. Enterprises were under great shipping pressure. Today, the price of Shandong's acid has been lowered by 20-50 yuan/ton; the price of acid in other regions remains on the sidelines, and in addition to the storage and maintenance plans of acid factories in Fujian and other regions, prices may be adjusted in the later period as inventory pressure eases, and acid prices are expected to be mainly consolidated in the short term.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 21 was 375.38, down 1.54 from the previous working day, or 0.

3、 market outlook

This week, some acid companies will start maintenance one after another, but the release of new production capacity in Yunnan will continue to increase, and the market supply of sulfuric acid is still relatively sufficient; downstream demand is generally stable for the time being, and procurement is maintained. However, in the later period, major acid plants in some regions still have maintenance plans., prices may remain stable in the short term, and acid prices may continue to be significantly differentiated regionally in the long run.