Core Viewpoint - The report highlights the growth in China's sulfuric acid production, indicating a positive trend in the industry with a projected increase in output and a favorable investment outlook for the coming years [1]. Industry Summary - According to the National Bureau of Statistics, China's sulfuric acid production (calculated at 100%) reached 9.09 million tons in October 2025, reflecting a year-on-year growth of 1.5% [1]. - From January to October 2025, the cumulative production of sulfuric acid in China was 9.2601 million tons, marking a cumulative increase of 6.2% [1]. - The report provides a comprehensive analysis of the sulfuric acid market in China from 2025 to 2031, assessing investment prospects and market dynamics [1]. Company Summary - The companies mentioned in the report include Zijin Mining (601899), Jiangxi Copper (600362), Juhua Co. (600160), Zhongjin Gold (600489), Tongling Nonferrous Metals (000630), Longbai Group (002601), Yuntianhua (600096), Zhejiang Longsheng (600352), and Chuanfa Longmang (002312), which are key players in the sulfuric acid industry [1].

Core Viewpoint - The meeting held by the China Sulfuric Acid Industry Association and the China Phosphate Fertilizer Industry Association focuses on stabilizing supply and prices in the sulfuric acid and phosphate fertilizer industries to ensure stable fertilizer supply and pricing before the spring farming season, thereby reinforcing the agricultural input security foundation for national food security [1][2]. Group 1: Supply and Price Control Measures - The global price of sulfur resources has significantly increased this year, leading to a surge in raw material costs for fertilizer production in China, which poses severe pressure on winter reserves and spring farming fertilizers [1]. - Export control measures require sulfuric acid exporting companies to prioritize domestic market demand, reduce export volumes, and ensure that export prices do not fall below domestic prices [1]. - Price control measures set December 11 as the baseline price, mandating smelting acid producers to avoid unilateral price increases to ensure market stability [1]. Group 2: Industry Responsibility and Cooperation - The sulfuric acid and phosphate fertilizer industries are urged to recognize the importance of food security and fertilizer supply, enhancing their sense of responsibility and prioritizing supply and price stabilization as key tasks [2]. - The China Sulfuric Acid Industry Association and the China Phosphate Fertilizer Industry Association are tasked with fulfilling industry self-regulation responsibilities, strengthening industry monitoring, and fully implementing supply and price stabilization measures [2]. - The meeting encourages smelting acid and phosphate fertilizer producers to establish stable upstream and downstream purchasing relationships through long-term sales agreements [2]. Group 3: Technological Promotion and Policy Support - The meeting also mentioned the promotion of phosphogypsum acid production technology and the coordination with relevant departments to study supportive measures [3].

Core Viewpoint - The report highlights the growth of China's sulfuric acid production, indicating a positive trend in the industry with an expected increase in output and investment opportunities [1] Industry Summary - In August 2025, China's sulfuric acid production (calculated at 100%) reached 9.73 million tons, representing a year-on-year growth of 8.8% [1] - From January to August 2025, the cumulative production of sulfuric acid in China was 74.982 million tons, showing a cumulative growth of 7.1% [1] - The report is based on data from the National Bureau of Statistics and is compiled by Zhiyan Consulting, a leading industry consulting firm in China [1] Company Summary - Relevant companies in the sulfuric acid industry include Zijin Mining (601899), Jiangxi Copper (600362), Juhua Co., Ltd. (600160), Zhongjin Gold (600489), Tongling Nonferrous Metals (000630), Longbai Group (002601), Yuntianhua (600096), Zhejiang Longsheng (600352), and Chuanfa Longmang (002312) [1]