[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on August 2

Analysis of sulfuric acid market price on August 2

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market is maintaining stability. As of now, the ex-factory price of 98% of ore acid in Guangdong is at 430-460 yuan/ton, and the ex-factory price of 98% of smelting acid in Guizhou is at 550-650 yuan/ton. Recently, the sulfuric acid market has not changed much. Companies have delivered orders in hand, and demand in the downstream market has differentiated. The demand for sulfuric acid in some industries has weakened. Currently, there is no pressure on the inventory of acid plants, the production and sales of acid companies are basically balanced, and the market price has temporarily remained stable.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 2 was 484.81, which was the same as yesterday.

3、 market outlook

The price of sulfuric acid is high, and the downstream cost price has increased significantly. The phosphate fertilizer market is operating well, and the start-up has also dropped slightly. The demand for sulfuric acid is relatively strong, and the acid price continues to rise. However, the titanium dioxide industry is operating in a sluggish manner, and the cost of high-priced sulfuric acid is under great pressure. There is resistance in the downstream of some regions, the pressure on sulfuric acid shipments has increased, the market supply and demand game, the market has a strong wait-and-see attitude, and prices may be adjusted in a narrow range.