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[Sulfuric acid] Sulfuric acid market price analysis on July 9

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July 9, 2024, 4:59 PM

Analysis of sulfuric acid market price on July 9

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, prices in some areas of the domestic sulfuric acid market continue to increase. As of now, the factory price of 98% of smelting acid in Hubei is 350-400 yuan/ton, and the price of 98% of smelting acid in Shandong is 60-260 yuan/ton. Recently, the overall shipment of acid companies is good, manufacturers 'inventories are low, and market prices have increased slightly; Demand for downstream phosphate fertilizers continues to be strong, but downstream companies have stocked up in the early stage, and the volume of new orders in the market has also slowed down recently. Sulfuric acid prices have generally remained stable and the market is operating well.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 9 was 409.23, an increase of 10.77 from yesterday, or 3%.

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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.