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[Sulfuric acid] Sulfuric acid market price analysis on July 8

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July 8, 2024, 3:01 PM

Analysis of sulfuric acid market price on July 8

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, prices in some areas of the domestic sulfuric acid market have increased slightly. As of now, the price of 98% of smelting acid in Shandong is 60-240 yuan/ton, and the price of 98% of smelting acid in Sichuan is 530-730 yuan/ton; downstream phosphate fertilizer demand in Sichuan, Yunnan and other regions is still strong, and the supply of sulfuric acid in the region continues to be tight, and prices continue to increase slightly; some acid factories in Henan and Inner Mongolia are about to start maintenance. As supply expectations shrink, acid prices have increased slightly; At present, the overall sulfuric acid market is operating well, the market supply and demand relationship remains tightly balanced, and prices remain high.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 8 was 398.46, an increase of 3.07 or 1%, from the previous working day.

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3、 market outlook

This week, acid plants in some regions still have maintenance plans, and the start-up is expected to decline again; the phosphate fertilizer market demand remains strong, with strong support for sulfuric acid prices. The chemical titanium dioxide market is still started at a high level. Enterprises maintain just demand, and the overall demand in the sulfuric acid market is good; and with supply shrinking, market supply and demand remain tight. Prices in some regions may increase slightly in the short term, and market prices remain high.