[Sulfuric acid] Market price analysis of sulfuric acid on November 29

Analysis of sulfuric acid market price on November 27

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the sulfuric acid market in China remains stable, with prices at a record high in the past three years. As of now, the price of 98% smelting acid in Hunan is between 290 and 450 yuan/ton, and the ex-factory price of 98% sulfuric acid in Jiangsu is between 400 and 480 yuan/ton; The price of raw material sulfur continues to be high, the production cost of sulfuric acid is high, the inventory of acid plants is low, and the market sentiment is strong. Some companies are willing to increase. The supply and demand of sulfuric acid remain tight. Prices in some areas may increase slightly in the later period, 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 29 was 437.92, which was the same as 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.