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[Sulfuric acid] Sulfuric acid market price analysis on June 18

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June 18, 2024, 3:07 PM

Analysis of sulfuric acid market price on June 18

1. Market price of sulfuric acid in China

Unit: yuan/ton

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Today, China's sulfuric acid market is stable and rising. As of now, the factory price of 98% of smelting acid in Yunnan is 560-610 yuan/ton, and the factory price of 98% of smelting acid in Fujian is 420-520 yuan/ton; Recently, the transaction atmosphere in the sulfuric acid market has been good, and the procurement of downstream companies has been stable. Under the influence of equipment maintenance in acid plants in some areas, the supply of sulfuric acid has shrunk, and the price of new orders in the market has continued to increase slightly; With the support of strong demand, the sulfuric acid market has maintained good operation.

2. Sulfuric acid price index

According to Tdd-global data, the sulfuric acid market price index on June 18 was 357.31, an increase of 7.88 from yesterday, or 2%.

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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.