[Sulfuric acid] Analysis of Sulfuric acid market price on August 29

Analysis of sulfuric acid market price on August 28

1、 Chinese sulfuric acid market price

Unit: yuan/ton

Today, some prices in China's sulfuric acid market are weak. The price of 98% of smelting acid in Zhejiang is 330-390 yuan/ton, and the price of 98% of sulfuric acid is 390-520 yuan/ton; the mainstream price of 98% of smelting acid in Hunan is 310-410 yuan/ton; Recently, market production has remained stable, and companies have successively ordered shipments; Due to the weakening of new order prices in some regions of China, the surrounding acid prices have gradually followed suit. In addition, the demand from individual downstream industries has weakened, the market purchasing atmosphere has been sluggish, the transaction situation of new orders has fallen short of expectations, and acid prices have been mainly adjusted within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 28 was 455.77, down 6.92 from yesterday, or 1%.

3、 market outlook

At present, the start of the sulfuric acid market is basically stable. The early maintenance companies plan to store and resume production, and the supply remains relatively high. Demand for downstream phosphate fertilizers fluctuates, but procurement enthusiasm has decreased compared with the previous period, and market transactions have been deadlocked; titanium dioxide is affected by cost pressure, and demand remains weak; The inventory situation of acid plants is uneven, and the acid prices in the north and south regions are differentiated. Affected by supply, prices are expected to continue to show mixed ups and downs.