Analysis of sulfuric acid market price on November 25
1、 Market price of sulfuric acid in China
Unit: yuan/ton
The overall price of sulfuric acid in China is stable today, with prices in some regions rising slightly. As of now, the ex-factory price of 98% of smelted acid in Shandong is between 260 and 360 yuan/ton, and the arrival price of 98% of smelted acid in Guangxi is between 400 and 470 yuan/ton; Due to the continuous increase in acid prices in some regions last week, prices in Shandong and Guangxi have increased by another 20-50 yuan/ton today. Recently, some acid plants in Southwest China have been overhauled, and the supply has decreased. The start of the downstream market has basically remained stable. The sulfuric acid market supply and demand are tightly balanced, and the price of new orders has increased slightly; in other regions, most downstream companies maintain just need to purchase, and there is little pressure on acid plant inventory, and the sulfuric acid market is consolidating.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on November 25 was 424.08, an increase of 3.85 from the previous working day, or 1%.
3、 market outlook
Due to the high price of raw material sulfur and the maintenance of major acid plants in some regions, sulfuric acid companies are in a strong mood, and prices in some regions have been successively increased. Demand for downstream phosphate fertilizer, titanium dioxide and other industries has remained stable, and companies just need to purchase. However, with the increase in acid prices in some regions, the pressure on corporate costs is greater, and downstream companies have a strong wait-and-see attitude. However, regional differences in sulfuric acid prices are gradually widening, and the market is operating in a narrow range.
