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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 8

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October 8, 2024, 4:00 PM

Analysis of sulfuric acid market price on October 8

1、 Market price of sulfuric acid in China

Unit: yuan/ton

Today, the overall sulfuric acid market in China is stable. Among them, the inventory of acid plants in Shandong is low. Coupled with the impact of the shutdown of individual acid plants, prices have increased slightly after the holiday. As of now, the price of 98% of smelting acid in Shandong is between 80-320 yuan/ton, and the price of 98% of ore acid is between 320-360 yuan/ton; the price of 98% of smelting acid in Zhejiang is between 270-320 yuan/ton; After the holiday, the main acid factories in some regions have planned for storage and maintenance. As the supply of sulfuric acid shrinks, the price of new orders has increased slightly; the start of acid factories in other regions has remained stable, and downstream demand has been weak and stable. The acid factories have temporarily maintained a balance of production and sales, and the market has more to wait and see.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 8 was 373.46, an increase of 0.38 from the previous working day, or an increase of 0.

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3、 market outlook

During the holidays, the start of acid plants remained stable. Equipment maintenance in some areas decreased, and the supply of sulfuric acid decreased and the price increased slightly. At present, the overall downstream demand remains weak. With the decline in start-up, shipments of acid companies are under pressure, and the sulfuric acid market continues to maintain regional differentiation. Prices or continue to adjust mainly in a narrow range.