[Sulfuric acid] Sulfuric acid market price analysis on June 14

Analysis of sulfuric acid market price on June 14

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market is operating well, and prices in some regions are rising steadily. As of now, the price of 98% of smelted acid in Shandong is 60-270 yuan/ton, and the factory price of 98% of smelted acid in Guangxi is 370-500 yuan/ton; The shipment situation of acid companies is still relatively good, and some manufacturers have low inventories. Recently, China's acid prices have been increased one after another; downstream phosphate fertilizer and titanium dioxide companies maintain just need to purchase, but as acid prices continue to increase, corporate purchasing sentiments are also in conflict; However, in the later period, acid factories in some areas still had maintenance plans, and the sulfuric acid market had a strong wait-and-see attitude, and prices remained the main focus.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 14 was 332.5, an increase of 0.38 or 0%, from yesterday.

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.