[Sulfuric acid] Sulfuric acid market price analysis on April 15

Analysis of sulfuric acid market price on April 15

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, the market price of sulfuric acid in China is temporarily stable. As of now, the ex-factory transaction price of 98% of smelting acid in Henan is 60-200 yuan/ton, the price of 98% of smelting acid in Shandong is 110-345 yuan/ton, and the price of 98% of ore acid is 200-300 yuan/ton; At present, the main acid factories in some regions are still under maintenance, the market supply has shrunk compared with the previous period, and the market supply and demand are temporarily basically balanced; However, due to the high price of sulfuric acid and the high cost pressure on downstream companies, companies maintain a demand for procurement, and acid companies in some regions have experienced pressure on shipments, and the price of new orders is negotiated on a single basis.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 15 was 362.88, which was the same as the previous working day.

3. Future outlook forecast

This month, the main acid factories in some regions took turns for maintenance. The overall market supply shrank, the demand for downstream phosphate fertilizers weakened, and the supply and demand of the sulfuric acid market were both weak. The market supply and demand were in a game. Sulfuric acid prices were expected to fluctuate, and the transaction price was negotiated on a single basis. However, as the maintenance companies resumed production in the later period, the supply of sulfuric acid is expected to increase, and the acid price may have downward expectations.