Analysis of sulfuric acid market price on November 26
1、 Market price of sulfuric acid in China
Unit: yuan/ton
The sentiment in the sulfuric acid market in China is still good today, and the price of smelting acid in some regions continues to rise. As of now, the ex-factory price of 98% of smelting acid in Anhui is 420-460 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 460-510 yuan/ton; The inventory of major acid factories in some regions of China continues to be low, and some orders are in hand. Prices in Anhui, Hubei, Guizhou and other places have increased by 30-40 yuan/ton; Demand support in the downstream market has temporarily stabilized. With the expected reduction in sulfuric acid supply, the market is in a tight balance trend and the sulfuric acid market is operating well.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on November 26 was 432.92, an increase of 8.85 or 2%, from yesterday.
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.
