Sulfuric Acid Weekly Review(December 23, 2024)
Domestic sulfuric acid market price
This week, prices of the domestic sulfuric acid market were fluctuated, with a range of 20-50 yuan/ton, up to now, the ex-factory transaction price of 98% smelting acid in Henan is 230-300 yuan/ton, and the price of 98% smelting acid in Guangxi is 510-560 yuan/ton; Due to the decline in downstream market demand, the sale of acid plants in some areas has slowed down this week, but there are still some orders waiting for delivery in the early stage of the market, and the inventory pressure of acid plants in the short term is not large; The price of sulfuric acid is high, so the cost pressure of downstream enterprises is large and the transaction of new orders in the market is deadlocked.
The price of smelting acid in some regions has declined slightly, and enterprises are holding wait-and-see sentiment; In the early stage, some acid plants were maintained and overhauled, the acid plants were under-production, the market supply and demand both decreased, and the price of sulfuric acid may fluctuate in the short term with high and firm acid price in some areas.
