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[Sulfuric acid] Sulfuric acid weekly review (6.14-6.20)

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June 20, 2024, 5:36 PM

1. Analysis of Chinese Sulfuric Acid Market

The price of sulfuric acid in China has risen steadily this week. As of now, the factory price of 98% of smelted acid in the Yunnan market is 560-650 yuan/ton, and the factory price of 98% smelted acid in Hubei is 300-370 yuan/ton; The downstream phosphate fertilizer market demand is strong, and acid factories in some areas were overhauled in the early stage, and the market supply was tight. Acid prices in some areas have been increased one after another this week; in the short term, acid factories in some areas are still undergoing equipment maintenance, manufacturers 'inventories are low, and prices continue to rise; Although the construction of the chemical industry has declined, the market has maintained a strong demand for procurement in the short term. The overall supply and demand in the market have maintained a tight balance, and the sulfuric acid market continues to operate strongly.

2. Mainstream prices in sulfuric acid markets in major regions of China

Yuan/ton