[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on August 14

Analysis of sulfuric acid market price on August 14

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market price is basically stable. As of now, the ex-factory price of 98% of smelting acid in Zhejiang is 370-430 yuan/ton, and the ex-factory price of 98% of sulfuric acid in Hebei is 380-520 yuan/ton; the ex-factory price of 98% ore acid is 360-410 yuan/ton; the sulfuric acid market is still under-started, and acid companies in some regions have stopped their installations; Demand in the downstream market is basically stable, corporate shipments are still acceptable, and the market has a strong wait-and-see attitude. However, due to the impact of high prices, shipments in some regions are still under pressure, and the market is playing a game between supply and demand.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 14 was 462.69, which was the same as yesterday.

3、 market outlook

The downstream phosphate fertilizer market has remained at a high level and market demand is strong. However, the chemical industry has weakened due to the greater impact of cost pressure. At present, most of the inventories of acid companies have remained at a low level, and market prices have stabilized. Some regions are affected by weak demand and have a relatively pessimistic mentality., the price of new sulfuric acid orders has been adjusted within a narrow range; the market price is high, the purchasing mentality of the downstream market remains cautious, and the market may temporarily stabilize.