[Sulfuric acid] Sulfuric acid market price analysis on June 4

Analysis of sulfuric acid market price on June 4

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, the price of smelting acid in some regions in China has increased. As of now, the factory price of 98% of smelting acid in the Yunnan market is 490-580 yuan/ton, and 98% of the factory price in Guizhou is 270-340 yuan/ton; Yunnan acid prices have risen at a high level. Recently, the supply of major acid plants in the region has shrunk. Coupled with the maintenance of individual ore acid units in the surrounding area, the acid price has been increased by 30 yuan/ton; Downstream demand is basically stable, and in the later period, sulfuric acid prices remain firm, market wait-and-see sentiment is strong, and prices will continue to fluctuate.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 4 was 307.31, an increase of 3.46 or 1%, from yesterday.

3. Future outlook forecast

The start of the sulfuric acid market has remained basically stable, the market supply is sufficient, and maintenance plans are re-established in some areas in the later period, so the supply of sulfuric acid is expected to decrease; the demand for downstream sulfuric acid market is divided, and the demand for chemical fertilizers is stable, while the price of titanium dioxide continues to weaken, which puts pressure on companies 'shipments., and demand has reduced expectations; the supply and demand in the sulfuric acid market are basically balanced, companies are still in a strong wait-and-see mood, and mainstream prices are temporarily stable.