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[Sulfuric acid] Sulfuric acid market price analysis on June 26

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June 26, 2024, 2:58 PM

Analysis of sulfuric acid market price on June 26

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, prices in some areas of the domestic sulfuric acid market continue to increase. As of now, the factory price of 98% of smelting acid in Sichuan is 460-550 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is 600-700 yuan/ton; Recently, some major acid factories in Southwest China are still under maintenance, and the overall demand in the downstream market is strong. The supply of sulfuric acid in the surrounding area continues to be tight, and prices continue to rise slightly; Due to the high price of sulfuric acid, the construction of downstream self-owned sulfuric acid plants in some regions has increased, and the market's enthusiasm for external mining has decreased. In some regions, sulfuric acid supply and demand are in a game, and prices remain at a single price.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 26 was 370.0, an increase of 4.23 or 1%, from yesterday.

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3、 market outlook

At present, acid plants in some regions are still under maintenance, and the supply of sulfuric acid in some areas of the market remains tight; with the strong support of demand from the downstream phosphate fertilizer market, the price of sulfuric acid has stabilized and risen, while the titanium dioxide market continues to be weak, and demand for sulfuric acid is expected to shrink; At present, there is no pressure on the inventory of most acid plants; however, as production resumes in maintenance factories in some regions, the supply of sulfuric acid has increased, and the contradiction between supply and demand has intensified. The overall sulfuric acid market has remained stable in the short term, and prices in some regions are expected to adjust mainly in a narrow range.