Some domestic sulfuric acid prices continued to rise today. As of now, the ex-factory price of 98% smelting acid in Yunnan is between 660-690 yuan/ton, and in Anhui, it is between 520-550 yuan/ton. Due to the pre-holiday decline in acid plant inventories, acid plant prices have remained firm recently, and the market trading atmosphere remains positive. Raw material costs remain strong, and sulfuric acid plants in Anhui and other regions are undergoing concentrated maintenance this month, leading to continued price increases. In the short term, there are many positive factors in the sulfuric acid market, and prices are showing a stable upward trend.

Market Forecast

This week, sulfuric acid market inventories declined, with diverging market conditions in some regions. Rising sulfur prices, a key factor in supporting sulfuric acid costs, are also contributing to the planned maintenance of acid plants in Hubei, Jiangxi, and Zhejiang provinces in October, further boosting the market. While demand in the downstream phosphate fertilizer market is expected to decline, demand from the chemical industry is relatively stable. In the short term, the sulfuric acid market is in a tight supply-demand balance, and some prices are expected to remain strong.