[Sulfuric acid] Sulfuric acid market price analysis on June 7

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is temporarily operating steadily. As of now, the ex-factory price of 98% of sulfuric acid in Shandong is 210-340 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 220-280 yuan/ton. Recently, the construction of some downstream phosphate fertilizers has continued to be high, and the demand for sulfuric acid has certain support. Acid companies have shipped well, and manufacturers 'inventories are low; At present, acid factories in some areas are still under maintenance, and downstream demand has weakened compared with the previous period. The supply and demand in the sulfuric acid market have both decreased, and the overall price has temporarily stabilized.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 7 was 310.38, which was the same as yesterday.

3. Future outlook forecast

The start of the sulfuric acid market has remained basically stable, the market supply is sufficient, and maintenance plans are re-established in some areas in the later period, so the supply of sulfuric acid is expected to decrease; the demand for downstream sulfuric acid market is divided, and the demand for chemical fertilizers is stable, while the price of titanium dioxide continues to weaken, which puts pressure on companies 'shipments., and demand has reduced expectations; the supply and demand in the sulfuric acid market are basically balanced, companies are still in a strong wait-and-see mood, and mainstream prices are temporarily stable.