Analysis of sulfuric acid market price on November 27
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, prices in some regions in the sulfuric acid market in China have slightly increased. As of now, the factory price of 98% of smelting acid in Sichuan is 500-650 yuan/ton, the price of 98% of ore acid is 600-680 yuan/ton, and the factory price of 98% of ore acid in Shandong is 300-360 yuan/ton; Recently, the overall downstream demand has basically remained good, acid factory inventories are low in many places, market supply and demand are tightly balanced, and acid prices have increased slightly; As the price of sulfuric acid rises, the cost pressure on downstream companies has also increased. The increase in acid prices in the later period may be limited, and the sulfuric acid market will maintain good operation in the short term.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on November 27 was 436.38, an increase of 3.46 from yesterday, 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.
