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[Sulfuric acid] Sulfuric acid market price analysis on July 3

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July 3, 2024, 3:49 PM

Analysis of sulfuric acid market price on July 3

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market is divided. As of now, the ex-factory price of 98% of sulfuric acid prices in Shandong is between 250-340 yuan/ton, and the ex-factory price of 98% of smelting acid in Hunan is between 240-370 yuan/ton. Due to the high price of smelting acid, the start of sulfuric acid units in the market has increased. In addition, the acid plants under early maintenance have resumed production. Some sulfuric acid companies have greater shipping pressure, and the price of new orders has been adjusted in a narrow range; The market demand for smelting acid is still good, and manufacturers 'inventories remain low. Coupled with the support of raw material costs and prices, acid prices in some regions maintain a slight upward trend.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 3 was 393.08, an increase of 2.69 or 1%, from yesterday.

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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.