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[Sulfuric acid] Sulfuric acid weekly review (6.7-6.13)

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June 13, 2024, 4:14 PM

1. Analysis of Chinese Sulfuric Acid Market

Demand in China's sulfuric acid market is improving this week, and prices in some regions have increased within a narrow range. As of now, the ex-factory transaction price of 98% of smelted acid in Henan is 60-130 yuan/ton, and the arrival price of 98% of smelted acid in Guizhou is 300-360 yuan/ton; Due to the increase in demand from the downstream phosphate fertilizer market, acid companies in most regions have increased orders on hand, market supply is tight, and prices have increased; The titanium dioxide market is still weak, prices are falling, companies are under great pressure on production costs, and procurement is more cautious; at present, the overall supply and demand in the sulfuric acid market are basically balanced, and the acid price is temporarily stable. In addition, in the later period, sulfuric acid plants in some areas still have maintenance plans, and companies have more to go to warehouses. Some prices of sulfuric acid may be expected to rise again.

2. Mainstream prices in sulfuric acid markets in major regions of China

Yuan/ton