Analysis of sulfuric acid market price on July 1

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the market price in the domestic sulfuric acid market is basically stable, and the overall market price remains high. As of now, the price of 98% of the smelting acid in Henan is between 130-230 yuan/ton, and the price of 98% of the smelting acid in Zhejiang is between 370-430 yuan/ton; Recently, downstream demand for sulfuric acid has been stable, coupled with relatively good export orders from some acid factories, and corporate inventories are mostly at a low level; Although some acid companies overhauled in the early stage have successively resumed production, the supply and demand of the sulfuric acid market currently maintain a tight balance. In addition, high raw material prices have provided support for the cost of sulfuric acid, and sulfuric acid prices are operating at high levels.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 1 was 386.15, an increase of 6.92 or 2%, from the previous working day.

3、 market outlook

Acid companies under maintenance in the early stage will resume production one after another, and the start of the sulfuric acid market will increase in the later stage; the downstream phosphate fertilizer market demand is strong, and most acid companies have good shipments. There is not much inventory pressure in the sulfuric acid market, and the overall market supply is still tight. In the short term, the sulfuric acid market is operating well and prices will operate stably.