[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 4

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September 4, 2024, 4:43 PM

Analysis of sulfuric acid market price on September 4

1、 Chinese sulfuric acid market price

Unit: yuan/ton

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Today, China's sulfuric acid market is divided. As of now, the price of 98% sulfuric acid in Shandong is between 340-410 yuan/ton, and the price of 98% smelting acid is between 80-320 yuan/ton; the price of 98% sulfuric acid in Jiangsu is between 350-450 yuan/ton; Demand in some industries downstream of sulfuric acid is sluggish, and resistance to high-priced sulfuric acid is strong. The inventory of acid factories in some areas has increased and prices have been reduced slightly; This month, individual acid plants have maintenance plans, and the market will start or adjust in the later period. The market will wait and see more, and prices will remain stable.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 4 was 438.85, which was the same as yesterday.

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3、 market outlook

As early maintenance companies resume production one after another, the start-up will gradually increase. However, the demand for downstream phosphate fertilizers is divided, coupled with the high cost pressure of chemical companies, and the demand for sulfuric acid is supported or limited. The shipment situation in some regions is weak, and the price is slightly discounted; However, some acid factories have low inventories, and the price adjustment is limited. Acid prices are expected to be mainly adjusted in a narrow range.