[Sulfuric acid] Sulfuric acid market price analysis on June 5

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid prices are mixed. As of now, the mainstream price of 98% of smelting acid in Hunan is between 190-320 yuan/ton, and the factory price of 98% of smelting acid in Guizhou is between 280-340 yuan/ton; At present, the price of sulfuric acid is low, and the acid price in most areas fell rapidly in the early stage. However, with the recent improvement in shipments of acid companies, the price of new orders in some areas has increased slightly, and the price of sulfuric acid has stopped falling or warmed; The downstream market is just in need of support. Although the titanium dioxide and new energy industries have declined, the impact on acid companies is limited in the short term. The wait-and-see attitude in the sulfuric acid market is still strong, and prices are temporarily stable.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 5 was 310.38, an increase of 3.08 or 1%, from yesterday.

3. Future outlook forecast

The start of the sulfuric acid market has remained basically stable, the market supply is sufficient, and maintenance plans are re-established in some areas in the later period, so the supply of sulfuric acid is expected to decrease; the demand for downstream sulfuric acid market is divided, and the demand for chemical fertilizers is stable, while the price of titanium dioxide continues to weaken, which puts pressure on companies 'shipments., and demand has reduced expectations; the supply and demand in the sulfuric acid market are basically balanced, companies are still in a strong wait-and-see mood, and mainstream prices are temporarily stable.