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[Sulfuric acid] Sulfuric acid market price analysis on June 25

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June 25, 2024, 2:38 PM

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market price is generally stable, and prices in some regions have been adjusted within a narrow range. As of now, the factory price of 98% of smelting acid in Sichuan is 450-550 yuan/ton, and the ex-factory price of 98% of ore acid in Shandong is 190-250 yuan/ton, and the ex-factory price of 98% of smelting acid is 60-260 yuan/ton; Recently, demand for sulfuric acid in Southwest China has maintained good, acid factory inventories are low, supply remains tight, and prices have increased slightly; However, with the maintenance and resumption of production in the main acid plant in Shandong, supply has increased significantly. In addition, demand in the downstream market is weak. Companies are cautious in purchasing, the contradiction between supply and demand has intensified, and prices have temporarily stabilized.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 25 was 365.77, an increase of 1.92 or 1% from yesterday.

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3、 market outlook

At present, acid plants in some regions are still under maintenance, and the supply of sulfuric acid in some areas of the market remains tight; with the strong support of demand from the downstream phosphate fertilizer market, the price of sulfuric acid has stabilized and risen, while the titanium dioxide market continues to be weak, and demand for sulfuric acid is expected to shrink; At present, there is no pressure on the inventory of most acid plants; however, as production resumes in maintenance factories in some regions, the supply of sulfuric acid has increased, and the contradiction between supply and demand has intensified. The overall sulfuric acid market has remained stable in the short term, and prices in some regions are expected to adjust mainly in a narrow range.