[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 29
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September 29, 2024, 5:17 PM Analysis of sulfuric acid market price on September 29
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, the sulfuric acid market in China is weak and stable, and prices in some regions have been adjusted within a narrow range. As of now, the factory price of 98% smelting acid in Guizhou is 330-400 yuan/ton, and the factory price of 98% sulfuric acid in Shandong is 340-400 yuan/ton; As the holidays are approaching, the downstream market's stocking sentiment is sluggish, maintaining the need for procurement. Some companies have some orders in hand, and companies have placed orders one after another. The inventory pressure has eased slightly. The price of acid plants has remained stable. In the short term, trading in the sulfuric acid market has been weak and stable, and the market has consolidated. operation.
2、 Sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on September 29 was 375.38, which was the same as the previous working day.
3、 market outlook
As the holiday approaches, downstream demand is weak and stable. Acid factories are ordering orders and delivering goods. The transaction situation of new orders is not good, and the quotation of acid factories is basically stable. In the later period, there is still new production capacity to be released in the market, and the supply and demand relationship is difficult to balance. The market wait-and-see attitude is strong. In the short term, sulfuric acid market prices are weak and stable.