Sulfuric Acid Weekly Review (3.21-3.27)

Domestic sulfuric acid market price

As of now, the ex-factory price of 98% smelting acid in Shandong is 500-650 yuan/ton, and the price of 98% smelting acid in Guangxi is 780-840 yuan/ton; This week, the raw material sulfur is still rising strongly, the production cost of acid enterprises has increased, the price of some acids in central China has been raised, the sulfuric acid market has been stable and upward, the inventory of acid enterprises is low, the market supply continues to be tight, and the acid plant in some areas is insufficient and the later storage and maintenance plan is good. However, downstream phosphate fertilizer, titanium dioxide and other enterprises began to resist high-priced sulfuric acid, and the procurement pressure was greater, and most enterprises were wait-and-see; In Liaoning and Inner Mongolia, the focus of transactions in Chifeng shifted upward this week, and the retail prices of the main refineries in the market rose sharply this month. With the changes in the sulfuric acid market in the later period, as well as the impact of raw material costs and demand, the price of sulfuric acid may fluctuate at a high level.