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[Sulfuric acid] Sulfuric acid market price analysis on June 21

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June 21, 2024, 4:31 PM

Analysis of sulfuric acid market price on June 21

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market is generally stable. As of now, the factory price of 98% of smelting acid in Sichuan is 430-550 yuan/ton, and the price of 98% of smelting acid in Guizhou is 350-400 yuan/ton. Today, the price of sulfuric acid has not changed much. After the acid prices in some areas such as southwest China have been successively increased this month, due to cost pressure, some downstream free sulfuric acid plant manufacturers have started construction and increased the supply of sulfuric acid; The downstream phosphate fertilizer market remains in need of procurement, the construction of titanium dioxide has declined, downstream companies in Shandong, Southwest and other regions are under pressure, and with the increase in supply, the sulfuric acid market has a strong wait-and-see attitude.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 21 was 360.77, an increase of 0.77 from yesterday, or 0%.

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3、 market outlook

The supply of sulfuric acid will increase due to the planned storage and production of acid plants in some areas; with the strong support of demand in the downstream phosphate fertilizer market, the price of sulfuric acid will rise steadily, while the titanium dioxide market continues to be weak, and there is an expectation of shrinking demand for sulfuric acid; At present, there is no pressure on the inventory of most acid plants, and the market will maintain good operation in the short term.