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

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July 26, 2024, 4:29 PM

Analysis of sulfuric acid market price on July 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 have risen at high levels. As of now, the ex-factory price of 98% ore acid in Sichuan is 800-950 yuan/ton, the ex-factory price of 98% sulfuric acid is 800-880 yuan/ton, and the ex-factory price of 98% smelting acid in Gansu is 440-580 yuan/ton; Due to the strong demand for downstream phosphate fertilizers and other industries, acid prices are strongly supported. Due to the recent impact of rainfall and weather in some areas, market transportation has been blocked. The supply of sulfuric acid in some areas is tight, and prices have increased again. However, the current acid price is high, and some downstream industries The cost pressure is high. It is reported that the start-up has declined. However, in the later period, the main acid factories in some regions still have maintenance plans. The supply of sulfuric acid will continue to be tight and prices will continue to remain high.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 26 was 470.58, an increase of 13.46 from yesterday, or 3%.

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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.