[Sulfuric acid] Sulfuric acid market trends in Fujian on October 26
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October 26, 2023, 4:35 PM
On October 26, the sulfuric acid market in Fujian showed a downward trend. As of now, the ex-factory price of 98% of smelting acid in Fujian is between 220 and 340 yuan/ton. Due to the sluggish demand in the downstream chemical industry in the zone, the shipping pressure of acid plants has increased. The inventory of some acid plants has increased, and the price of new orders in the market has been lowered by 50 yuan/ton. The export orders of the main acid plants have been shipped smoothly, and there is no pressure on inventory. However, shipments in the province have slowed down significantly, and acid prices are expected to follow suit. The sulfuric acid market will operate weakly in the short term.