Weekly review of sulfuric acid (5.12-5.18)

1. Analysis of Chinese Sulfuric Acid Market

China's sulfuric acid market has been weak and stable this week. As of now, the price of 98% of smelting acid in Shandong is between 50-120 yuan/ton, the price of 98% of ore acid is between 110-140 yuan/ton, and the price of 98% of smelting acid in Henan is between 1-50 yuan/ton; The demand in the downstream chemical fertilizers and chemical industries is weak, the shipping pressure of sulfuric acid companies is high, and the market transaction atmosphere is light; due to the continuous reduction in sulfuric acid prices, the purchasing mood in the downstream market is cautious and the demand for procurement is maintained; Export markets in Fujian and other regions have maintained good. Although China's order support is insufficient, companies have no inventory pressure in the short term. In the short term, the sulfuric acid market areas are still divided. Due to high raw material costs, there is no room for price reductions in sulfuric acid prices in some regions. The sulfuric acid market will continue to operate weakly and steadily.

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

Unit: yuan/ton