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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 30

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September 30, 2024, 2:57 PM

Analysis of sulfuric acid market price on September 30

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the sulfuric acid market in China is temporarily stable. As of now, the ex-factory price of 98% ore acid in Shandong is 310-350 yuan/ton, the price of 98% sulfuric acid is 340-400 yuan/ton, and the price of 98% smelting acid in Inner Mongolia is 360-580 yuan/ton; Recently, the sulfuric acid market has been operating relatively stable, prices in some regions fluctuate within a narrow range, downstream market demand is sluggish, and there is insufficient support for sulfuric acid; As the holidays approach, sulfuric acid prices are divided among regions. In most regions, the acid prices of deposits and warehouses are gradually lowered. In other regions, the acid prices are weak and stable.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 30 was 373.08, a decrease of 2.31 or 1%, from yesterday.

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3、 market outlook

As the holiday approaches, downstream demand is weak and stable. Acid factories are ordering orders and delivering goods. The transaction situation of new orders is not good, and the quotation of acid factories is basically stable. In the later period, there is still new production capacity to be released in the market, and the supply and demand relationship is difficult to balance. The market wait-and-see attitude is strong. In the short term, sulfuric acid market prices are weak and stable.