The sulfuric acid market remains mired in difficulties, with persistently weak demand continuing to exert pressure on costs.

Lead: This week, the domestic sulfuric acid market completely reversed its previous strong trend. The Chempricehub price index for 98% sulfuric acid fell to 1,837 yuan per ton, down 2.29% week-on-week. Smelter acid prices in multiple regions, including Shandong, Central China, South China, and Southwest China, saw concentrated reductions of 50–200 yuan per ton, with declines exceeding 8% in Jiangxi, Fujian, and Hunan. On one hand, the high cost of raw material sulfur remains firm, providing cost support. On the other hand, downstream fertilizer and chemical industries maintain a cautious, wait-and-see purchasing stance, while losses across the entire industry chain continue to worsen. The sulfuric acid market is now caught in a deep tug-of-war between hard cost support and weak demand drag. Regional price spreads are widening, market wait-and-see sentiment is spreading, and the short-term weak pattern is unlikely to change.

I. Sulfuric Acid Market Weakens, Multiple Regions See Significant Price Cuts, Market Divergence Intensifies