China's Sulfuric Acid Price to Hit New High-Shanghai Metals Market

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China's Sulfuric Acid Price to Hit New High

Industry News 04:21:10PM Jan 21, 2010 Source:SMM

BEIJING, Jan. 21 -- The factory price of concentrated sulfuric acid in China is expected to reach a new high after the Chinese New Year after increasing to RMB 450 per ton recently from RMB 150 per ton in October 2009, sources reported.

The price surge mainly resulted from the rising cost and growing demand, said industry analysts, adding that the demand may grow significantly after the Spring Festival when the farmers started plant crops.

Reportedly, 75% to 80% of sulfuric acid is used in the production of fertilizers in China.

Statistics show that China's phosphate fertilizer capacity is 20 million tons at present.

 


 

Key Words:  sulfuric acid  

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#1 Refined Cu
Aug.21
46395.0
-260.0
(-0.56%)
Standard-Grade Copper
Aug.21
46385.0
-260.0
(-0.56%)
High-Grade Copper
Aug.21
46405.0
-260.0
(-0.56%)
Guixi copper
Aug.21
46410.0
-265.0
(-0.57%)
Low-quality copper
Aug.21
46350.0
-260.0
(-0.56%)

China's Sulfuric Acid Price to Hit New High

Industry News 04:21:10PM Jan 21, 2010 Source:SMM

BEIJING, Jan. 21 -- The factory price of concentrated sulfuric acid in China is expected to reach a new high after the Chinese New Year after increasing to RMB 450 per ton recently from RMB 150 per ton in October 2009, sources reported.

The price surge mainly resulted from the rising cost and growing demand, said industry analysts, adding that the demand may grow significantly after the Spring Festival when the farmers started plant crops.

Reportedly, 75% to 80% of sulfuric acid is used in the production of fertilizers in China.

Statistics show that China's phosphate fertilizer capacity is 20 million tons at present.

 


 

Key Words:  sulfuric acid