[Sulfuric acid] Sulfuric acid market price analysis on June 17

1. Market price of sulfuric acid in China

Unit: yuan/ton

Today, China's sulfuric acid market continues its upward trend. As of now, the price of 98% of smelting acid in Henan is between 100-200 yuan/ton, and the price of 98% of smelting acid in Guizhou is between 350-400 yuan/ton. Demand in the downstream market is stable, and some orders are in hand. Enterprise inventories are relatively low, and acid prices in some areas continue to increase; This week, acid plants in some regions were overhauled. Due to the fact that downstream companies had stocked up in the early stage, and acid plants delivered mainly orders on hand. The overall supply and demand in the sulfuric acid market remained in a tight balance, and prices maintained a slight increase.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 17 was 349.42, an increase of 16.92 from the previous working day, or 5%.

3. Future outlook forecast

During the maintenance of acid plants in some areas, enterprises have too much stock and acid plants have some orders in hand. The overall market supply is tight. Coupled with the recent stable downstream market demand, acid prices in some areas have been continuously increased. The sulfuric acid market is operating well, and prices have maintained a slight upward trend.