[Sulfuric acid] Sulfuric acid market price analysis on June 24

Analysis of sulfuric acid market price on June 24

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market still maintains a slight upward trend. As of now, the factory price of 98% of smelted acid in Guangxi is 450 - 540 yuan/ton, and the price of 98% smelted acid in Guizhou is 370 - 400 yuan/ton; Recently, acid factories in some regions are still under maintenance, and the supply of sulfuric acid is limited, and the supply in some regions is still tight. With continuous downstream purchases, sulfuric acid prices continue to rise; Market demand for downstream phosphate fertilizers remains stable, while the titanium dioxide market is weak. In the short term, the demand for sulfuric acid market is still supported, and prices may continue to rise slightly.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 24 was 363.85, an increase of 3.08 or 1%, from the previous working day.

3、 market outlook

At present, acid plants in some regions are still under maintenance, and the supply of sulfuric acid in some areas of the market remains tight; with the strong support of downstream phosphate fertilizer market demand, sulfuric acid prices have stabilized and risen, while the titanium dioxide market continues to be weak, and demand for sulfuric acid is expected to shrink; At present, there is no pressure on the inventory of most acid plants, and the market will maintain good operation in the short term.