Sulfuric acid market trends in Hubei
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May 19, 2023, 3:51 PM
On May 19, the sulfuric acid market in Hubei has picked up. As of now, the factory price of 98% of smelted acid in Hubei is between 10 and 150 yuan/ton. At present, the inventory of the main acid factories in the zone is low, and some automobile carriers have been raised by 20 yuan/ton. Most of the downstream in the zone are carrying out pre-order shipments, and the current transaction volume of new orders is slow. Since mainstream prices have not been adjusted and market fluctuations are limited, the reported increase in acid prices has brought confidence to the market, but there has been no significant change in the supply and demand situation. As the low-end price moves upwards in the future, it is expected that the transaction will be small.