Sulfuric Acid Market Price Analysis
1. Domestic sulfuric acid market price
As of now, the price of 98% smelting acid in Hubei is 370-430 yuan/ton, the price of 98% smelting acid in Sichuan is 500-650 yuan/ton, and the ex-factory price of 98% ore acid is 600-680 yuan/ton; At present, the overall supply of sulfuric acid market is relatively stable, the market supply and demand relationship is weaker, the sales pressure is high, and the price of new orders in some areas has been reduced; With the weakening of domestic market sentiment, the surrounding market may also be affected in the later period, and sulfuric acid prices are expected to continue to adjust in a narrow range.
2 Sulfuric acid price index
According to TDD, the sulfuric acid market price index on January 8 was 444.85, down 3.08 from January 7, a decrease of 1%.
3. Forecast for the future market
The cost price of sulfuric acid continues to be high, and enterprises conducting maintenance resumes production, so the market supply is increasing, but the downstream market demand remains weak. The downstream market is experiencing low production rate, and the relationship between supply and demand of sulfuric acid changes in the short term. The procurement sentiment of enterprises is cautious with less new order transaction, and the sulfuric acid market is temporarily weak and stable in the short term.
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