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Sulfuric acid market trends in Shandong

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June 2, 2023, 3:59 PM
On June 2, the sulfuric acid market in Shandong was temporarily stable. As of now, the ex-factory price of 98% of smelting acid in Shandong is between 30 and 110 yuan/ton. By actively signing orders, the main acid factories in the west have eased their inventory pressure slightly, and acid prices have temporarily stabilized. Dongying's main acid factory has recently signed large-scale orders, which is not enough and has a long delivery cycle, which will hardly boost the market. Two sets of units in Jiaodong's main acid factory were repaired at the same time, coupled with the active signing of orders in the early stage, the inventory has reached a low level, and there is no sales pressure in the short term. The maintenance time of Laiwu Acid Factory has been delayed, the manufacturer's inventory is under pressure, and prices are operating weakly and steadily.