[Sulfuric acid] Sulfuric acid market price analysis on May 14

1. Market price of sulfuric acid in China

Today, prices in some areas of China's sulfuric acid market are still weak. As of now, the factory price of 98% of smelted acid in Sichuan is 420-520 yuan/ton, and the price of 98% of smelted acid in Guizhou is 300-380 yuan/ton; The downstream market demand for sulfuric acid is differentiated. Demand in some areas is relatively stable, and acid prices are temporarily firm. The chemical and phosphate fertilizer markets in Guangxi, Guizhou and other places are still sluggish. The shipping pressure of acid companies is high, and the price of new orders in the market is subject to single discussion.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 14 was 305.0, down 4.23 from yesterday, or 1%.

3. Future outlook forecast

Recently, major acid plants in some regions still have maintenance plans, but the restoration of production capacity is expected to be slightly greater than the maintenance capacity, and the supply of sulfuric acid is still sufficient; demand for phosphate fertilizer in some regions has rebounded slightly, the chemical titanium dioxide market has weakened, and the supply and demand of the sulfuric acid market is playing, and prices are expected to fluctuate mainly.