Analysis of sulfuric acid market price on November 22
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, China's sulfuric acid market is operating stably, and prices in some regions have increased slightly. As of now, the price of 98% of smelting acid in Hunan is between 265-410 yuan/ton, and the price of 98% of smelting acid in Gansu is between 330-500 yuan/ton; The downstream market demand is basically stable, and companies remain just in need of purchasing. As the price of raw material sulfur continues to rise, the quotations of acid plants remain firm. Coupled with the low inventory of acid companies, acid prices in some regions continue to rise slightly; However, as the price of sulfuric acid rises, production pressure in downstream industries such as titanium dioxide has increased, transactions in some areas have been deadlocked, and the sulfuric acid market has been waiting to see.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on November 22 was 423.23, an increase of 3.31 from yesterday, or 1%.
3、 market outlook
Acid plants under early maintenance have resumed production one after another, and some acid companies have also begun maintenance this week. The market production situation is mixed; the price of raw material sulfur is high, and the supporting cost for sulfuric acid is strong; the demand for downstream phosphate fertilizer and titanium dioxide industries is relatively stable, and the demand for procurement is maintained. The market atmosphere is slightly deadlocked, but the inventory of acid plants is low, and acid prices in some regions may be expected to rise slightly in the later period; However, as the price of sulfuric acid rises at a high level, downstream cost pressure is greater, and the market may continue to operate regionally in the later period.
