[Sulfuric acid] Sulfuric acid market price analysis on July 24

Analysis of sulfuric acid market price on July 24

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market price remains high. As of now, the ex-factory price of 98% of smelting acid in Shandong is 80-320 yuan/ton, and the arrival price of 98% of smelting acid in Hubei is 380-430 yuan/ton; The recent price of raw material sulfur has continued to rise, and the cost is high. Recently, acid plants in some regions have been overhauled and the market has been under-started. Acid plants still have some orders in hand, and corporate inventories remain low, supporting sulfuric acid prices to remain high; The sulfuric acid market maintains a tight balance and the market operates stably.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 24 was 456.77, an increase of 0.77 from yesterday, or 0%.

3、 market outlook

At present, the supply of acid plants is relatively sufficient. In the later period, some acid plants in Yunnan and other regions have maintenance plans. However, the downstream phosphate fertilizer market demand continues to be strong, which has strong support for acid prices. Although the chemical industry has great cost pressure, due to the impact of high start-up, sulfuric acid is also affected by the high start-up. Maintaining just demand, the overall sulfuric acid market still shows that supply is less than demand, and prices continue to operate at a high level. However, the current acid price is high, and price increases in some regions are under pressure, and market prices will remain high in the short term.