Sulfuric acid market trends in Hubei
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May 17, 2023, 3:51 PM
On May 17, the sulfuric acid market in Hubei was temporarily stable. As of now, the factory price of 98% of smelted acid in Hubei is between 10 and 130 yuan/ton. At present, the inventory of the main acid factories in the zone is low, and some companies have good orders on hand, and companies have sufficient quantities to issue. Preferential subsidies for new orders are temporarily cancelled. Downstream demand remains stable, and the phosphate fertilizer and phosphorus chemical markets are in the traditional off-season. However, due to low sulfuric acid prices, companies are still cautious in purchasing.