[Sulfuric acid] Sulfuric acid market trends in Jiangsu on October 23
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October 23, 2023, 4:27 PM
On October 23, the sulfuric acid market in Jiangsu maintained stability and wait and see. As of now, the ex-factory price of 98% sulfuric acid in Jiangsu is between 350 and 450 yuan/ton. Due to the support of international market demand, exporting acid companies still exist and are ready to go. There is limited surplus in the province and fewer shipments. However, due to the decline in raw material sulfur prices, the cost support of other individual acid companies has weakened. Coupled with the general local supply and demand relationship, and the peripheral Anhui market acid prices have declined, and there have been downward adjustments in the near future. The northern Jiangsu region originally planned to restart the device in the middle and late stages of the device and the recovery time was uncertain.