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[Sulfuric acid] Sulfuric acid market price analysis on June 28

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June 28, 2024, 4:33 PM

Analysis of sulfuric acid market price on June 28

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, prices in some areas of the domestic sulfuric acid market are operating at high levels. As of now, the price of 98% of smelted acid in Fujian is 450-560 yuan/ton, and the ex-factory price of smelted acid in Zhejiang is 310-370 yuan/ton. Demand in the downstream market of sulphuric acid is still strong. Acid plant units in some regions are still being overhauled, sulfuric acid supply remains tight, and prices increase within a narrow range; At present, the sulfuric acid market has started at a low level, downstream companies maintain demand, and sulfuric acid companies also have maintenance plans. Recently, the sulfuric acid market has a strong wait-and-see attitude, manufacturers 'inventories are low, and the market maintains an upward trend.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 28 was 379.23, an increase of 2.69 from yesterday, or 1%.

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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 demand from the downstream phosphate fertilizer market, the price of sulfuric acid has 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; however, as production resumes in maintenance factories in some regions, the supply of sulfuric acid has increased, and the contradiction between supply and demand has intensified. The overall sulfuric acid market has remained stable in the short term, and prices in some regions are expected to adjust mainly in a narrow range.