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[Sulfuric acid] Analysis of Sulfuric acid market price on August 6

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August 6, 2024, 3:41 PM

Analysis of sulfuric acid market price on August 6

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market price is stable. As of now, the ex-factory price of 98% of smelting acid in Shandong is 80-370 yuan/ton, and the price of 98% of sulfuric acid is 340-400 yuan/ton; the ex-factory price of 98% of smelting acid in Hunan is 310-410 yuan/ton; Recently, the prices of smelting acid and sulfuric acid in Shandong have increased slightly, mainly due to the influence of equipment and equipment of acid companies in the region, and the supply has shrunk; The start-up of acid companies in other regions is basically stable, and market prices remain firm despite low inventories; and in the later period, most acid companies in some regions have re-established maintenance plans, and market prices will continue to remain stable under the expectation of shrinking supply.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 6 was 484.62, an increase of 1.15 or 0%, from yesterday.

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3、 market outlook

The market trend is more divided, with sulfuric acid prices high, but demand for sulfuric acid in most regions is still relatively strong, supporting an upward trend in prices; and acid plants in Inner Mongolia and other regions have been overhauled and under-operated; due to the impact of demand in Yunnan, coupled with new production capacity in the later period, sulfuric acid shipments have been put under pressure, and prices have been reduced slightly; at present, there is a game between supply and demand in the sulfuric acid market, and prices are operating at a high level.