[Sulfuric acid] Sulfuric acid market price analysis on July 2

Analysis of sulfuric acid market price on July 2

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, prices in some areas of the domestic sulfuric acid market still maintain a slight increase. As of now, the factory price of 98% of smelted acid in Sichuan is 500-680 yuan/ton, and the price of 98% smelted acid in Inner Mongolia is 290-480 yuan/ton; After the price of sulphuric acid rises, it will be stabilized, and the downstream market will gradually digest and accept it; The demand for downstream phosphate fertilizers is basically stable, and the market supply and demand are in a tight balance. However, under the influence of the new sulfuric acid production capacity put into operation, the supply of sulfuric acid will also increase in the later period. In the short term, sulfuric acid supply problems in some regions will provide strong support for the market, and prices will temporarily stabilize.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 3 was 390.38, an increase of 4.23 or 1%, from yesterday.

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; demand in the downstream phosphate fertilizer market is strong, and most acid companies have better shipments. There is little inventory pressure in the sulfuric acid market. In addition, the price of raw material pyrite is high and the cost price is high. High, and the overall supply of sulfuric acid in some regions is still tight. In the short term, the sulfuric acid market is operating well and prices will operate stably.