[Sulfuric acid] Sulfuric acid market price analysis on May 31

Analysis of sulfuric acid market price on May 31

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is weak and stable. As of now, the price of 98% ore acid in Guangdong is at 280-360 yuan/ton, and the price of 98% sulfuric acid in Jiangsu is at 220-330 yuan/ton. With the restoration of equipment maintenance in some areas in the early stage, the prices of smelting acid in some areas have been preferential; demand in the downstream titanium dioxide and new energy industries is weak, the prices of ore acid and sulfuric acid in some areas are under pressure, and the focus of transactions is stable and downward; The market demand for sulfuric acid is weak and difficult to change, and the price of sulfuric acid remains low, and the price continues to remain volatile.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 31 was 298.46, which was the same as yesterday.

3. Future outlook forecast

The start-up of enterprises in the sulfuric acid market is basically stable, and maintenance enterprises in some regions have resumed production. The supply of sulfuric acid is expected to increase; some demand for downstream phosphate fertilizers may pick up, but the titanium dioxide market is weak. In the later stage, enterprises may have plans to reduce production. The supply and demand game in the sulfuric acid market, and the market wait-and-see mood is strong.