[Sulfuric acid] Sulfuric acid market price analysis on June 11

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, the price of sulfuric acid in China has risen within a narrow range. As of now, the price of 98% of smelting acid in Shandong is at 60-260 yuan/ton, and the price of 98% of smelting acid in Hubei is at 250-320 yuan/ton. With the recovery and stability of the phosphate fertilizer market demand, acid companies have increased orders on hand, and the acid price in Jiangxi, Hubei and other regions has increased by 30 yuan/ton; sulfuric acid still has a comparative advantage due to its low cost; Downstream demand is divided, and regional prices in the sulfuric acid market vary, but the overall increase in new orders has resulted in an improvement in market operations.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 11 was 319.62, an increase of 6.23 from the previous working day, or 2%.

3. Future outlook forecast

Sulfuric acid market demand is expected to fluctuate within a narrow range. Acid plants in Jiangxi, Zhejiang and other places plan to resume production, and individual acid companies in North China have maintenance plans; downstream demand is still divided, but the price of sulfuric acid has rebounded due to the recovery of the main downstream phosphate fertilizer market. The titanium dioxide industry is still weak, and shipments of acid companies in some regions are still under pressure, but the operation of acid companies in many regions has relatively improved. It is expected that the sulfuric acid market will operate more stably in the short term, and prices in some regions may increase in a narrow range.