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[Sulfuric acid] Sulfuric acid market price analysis on December 2

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December 2, 2024, 5:33 PM

Analysis of sulfuric acid market price on December 2

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is temporarily stable. As of now, the price of 98% smelting acid in Zhejiang is at 380-430 yuan/ton, and the price of 98% smelting acid in Shandong is at 260-370 yuan/ton; Demand in the downstream market of sulfuric acid is stable. After the acid price in most areas was increased last week, the price remained stable today; at present, many acid plants in some areas such as Yunnan are undergoing maintenance, and the supply of sulfuric acid has decreased. In addition, companies still have to place orders. The supply and demand in the sulfuric acid market are tightly balanced, and prices are stable.

2、 Sulfuric acid price index

According to calculations from TDD-global data, the sulfuric acid market price index on December 2 was 436.38, down 1.54 from the previous working day, or 0.

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3、 market outlook

This week, major acid plants in some regions were overhauled, and the supply of sulfuric acid decreased. Under low inventories, sulfuric acid companies were in a strong mood, and the price of new orders was firm and stable; demand for downstream phosphate fertilizer, titanium dioxide and other industries remained stable. Companies just needed to purchase, and acid companies had some orders in hand, coupled with good export orders, the sulfuric acid market is expected to operate well and prices are stable.