[Sulfuric acid] Sulfuric acid market price analysis on June 3

Analysis of sulfuric acid market price on June 3

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, the price of sulfuric acid in some regions of China has increased. As of now, the price of 98% of smelting acid in Liaoning is at 330-520 yuan/ton, and the price of 98% of smelting acid in Henan is at 40-130 yuan/ton. Recently, due to the recovery of demand in the downstream phosphate fertilizer market, the transaction atmosphere in some areas has improved, and the inventory pressure of most acid companies is not great, and prices are relatively stable; In the southwest region, as the downstream titanium dioxide market price has been lowered, the shipping pressure of companies has increased, downstream companies have been cautious in purchasing, the market transaction atmosphere has been weak, and the sulfuric acid market demand has been divided, and prices will continue to fluctuate.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 3 was 303.85, an increase of 5.38 or 2%, from the previous working day.

3. Future outlook forecast

The start of the sulfuric acid market has basically remained stable and the market supply is sufficient; the demand in the downstream sulfuric acid market has diverged, the price of monoammonium phosphate has risen, and demand has picked up; while the price of titanium dioxide has continued to weaken, company shipments have been under pressure, and demand has been reduced; Recently, supply and demand in the sulfuric acid market have basically balanced, companies have a strong wait-and-see attitude, and mainstream prices have temporarily remained stable.