[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on August 5

Analysis of sulfuric acid market price on August 5

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, prices in individual regions of the domestic sulfuric acid market have been adjusted within a narrow range. As of now, the factory price of 98% of smelted acid in Yunnan is at 550-640 yuan/ton, and the factory price of 98% of smelted acid in Henan is at 250-330 yuan/ton; The sulfuric acid market trend continues to diverge. In areas with good demand for phosphate fertilizers, acid prices remain high and stable. In some areas, downstream enterprises have greater cost pressure, strong resistance to high-priced sulfuric acid, and the shipping pressure of acid companies has increased, and prices have been adjusted within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 5 was 483.46, down 1.35 from the previous working day.

3、 market outlook

The market trend is more divided, with sulfuric acid prices high, but demand for sulfuric acid in most regions is still relatively strong, supporting an upward trend in prices; and acid plants in Inner Mongolia and other regions have been overhauled and under-operated; due to the impact of demand in Yunnan, coupled with new production capacity in the later period, sulfuric acid shipments have been under pressure, and prices have been reduced slightly; at present, there is a game between supply and demand in the sulfuric acid market, and prices are operating at a high level.