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[Sulfuric acid] Sulfuric acid market price analysis on June 12

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June 12, 2024, 2:57 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, the price of sulfuric acid in China has temporarily stabilized. As of now, the price of 98% of smelting acid in Fujian is 375-475 yuan/ton, and 98% of smelting acid in Anhui is 210-260 yuan/ton. Recently, the market demand for sulfuric acid has been relatively stable, and acid companies have some orders in hand, companies have no inventory pressure, and the supply of sulfuric acid in some areas is tight, and acid prices in most areas have increased; At present, the sulfuric acid market is operating well, market supply and demand maintain a tight balance, and acid prices in some regions may increase slightly in the short term.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 12 was 322.31, an increase of 2.69 from yesterday, or 1%.

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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.