[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 18

Analysis of sulfuric acid market price on September 18

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, the price of sulfuric acid in China is weak and stable, and the market wait-and-see attitude has increased. As of now, the price of 98% of smelted acid in Gansu is 430-700 yuan/ton, and the price of 98% of smelted acid in Hubei is 290-350 yuan/ton; Recently, acid factories in some regions have temporarily stopped. With supply shrinking, the market purchasing atmosphere has increased, and the start of other acid factories is basically stable; At present, demand in the downstream market is weak and stable, companies are cautious in purchasing, and there is no demand for stocking. In addition, acid prices have continued to drop to low levels, and sulfuric acid prices are weak and stable.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 18 was 387.69, which was the same as the previous working day.

3、 market outlook

This week, the operating rate of sulfuric acid is expected to rise. Some downstream self-owned sulfuric acid plant companies plan to resume production, and maintenance companies are expected to resume. However, the downstream phosphate fertilizer and chemical industries are relatively sluggish, corporate cost pressure is high, and the relationship between supply and demand of sulfuric acid is unbalanced. Prices are under pressure, and prices in some regions may maintain a downward trend.