Sulfuric acid market trends in Northeast China
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May 24, 2023, 4:33 PM
On May 24, the sulfuric acid market in Northeast China remained weak. As of now, 98% of the smelted acid in Liaoning has been shipped at 80-180 yuan/ton. The main acid companies in Heilongjiang have maintained equipment maintenance, demand-side procurement has maintained a normal level, and the trading atmosphere in the region is acceptable. The supply and demand of the sulfuric acid market in Jilin is weak. Mineral acid companies have overhauled their equipment, but chemical fiber companies have not yet reached their full capacity. In June, the main smelting acid companies plan to overhauled their equipment, and the market may remain stable. The downstream demand in the sulfuric acid market in Liaoning is relatively weak, and goods are under pressure. The main acid companies planned minor inspections in June, which has limited boost to the market atmosphere. It is expected that the future will remain weak.