Analysis of sulfuric acid market price on November 20
1、 Market price of sulfuric acid in China
Unit: yuan/ton
Today, the sulfuric acid market in China is operating smoothly, and the acid price in Yunnan has maintained a slight upward trend. As of now, the price of 98% of smelted acid in the Yunnan market is at 530-600 yuan/ton, and the price of 98% of smelted acid in Hunan is at 250-380 yuan/ton; Affected by the maintenance of some major acid factories in Yunnan, the supply has been reduced. Coupled with the recent good downstream demand in the southwest region, the supply of sulphuric acid continues to be tight; At present, the prices of sulfur and pyrite are high, and the production pressure of acid plants is high. Affected by supply, prices have maintained a continuous and slight upward trend; however, as the price of sulfuric acid rises, the production pressure of downstream titanium dioxide and other industries has increased, and transactions in some areas have been deadlocked. The sulfuric acid market will wait and see.
2、 Sulfuric acid price index
According to calculations from TDD-global data, the sulfuric acid market price index on November 20 was 416.54, an increase of 1.15 from yesterday, or an increase of 0.
3、 market outlook
Acid plants under early maintenance have resumed production one after another, and some acid companies have also begun maintenance this week. The market production situation is mixed; the price of raw material sulfur is high, and the supporting cost for sulfuric acid is strong; the demand for downstream phosphate fertilizer and titanium dioxide industries is relatively stable, and the demand for procurement is maintained. The market atmosphere is slightly deadlocked, but the inventory of acid plants is low, and acid prices in some regions may be expected to rise slightly in the later period; However, as the price of sulfuric acid rises at a high level, downstream cost pressure is greater, and the market may continue to operate regionally in the later period.
