[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 27
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September 27, 2024, 3:18 PM Analysis of sulfuric acid market price on September 27
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, the sulfuric acid market in China is basically stable, and regional prices have not changed much. As of now, the ex-factory price of 98% of smelting acid in Henan is between 160-250 yuan/ton; the ex-factory price of 98% of sulfuric acid in Shandong is between 330-400 yuan/ton, and the ex-factory price of 98% of smelting acid is between 80-310 yuan/ton; Shandong's market has performed well recently. Enterprises in the region are actively stocking up, acid factories have been obviously removed from warehouses, and some acid prices have increased slightly; Downstream demand in China is still relatively weak, acid factory inventories are under pressure, and the transaction situation is still not optimistic. Prices are only discussed, and the wait-and-see attitude is still strong.
2、 Sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on September 27 was 375.38, which was the same as yesterday.
3、 market outlook
Demand in the downstream market is weak, and inquiries in the sulfuric acid market are still weak. Coupled with the approaching holiday, some acid factories have high inventory pressure, and the price of new orders is mainly adjusted within a narrow range. In addition, new production capacity in the market has yet to be released, making it difficult to balance the supply and demand relationship, and market transactions are sluggish., the sulfuric acid market is still weakening.