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[Sulfuric acid] Sulfuric acid market price analysis on July 10

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July 10, 2024, 1:59 PM

Analysis of sulfuric acid market price on July 10

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market is generally stable, and the price increase in Sichuan is relatively obvious. As of now, the price of 98% of smelting acid in Sichuan is between 580-800 yuan/ton, and the price of 98% of ore acid is between 700-900 yuan/ton; 98% of sulfuric acid in Jiangsu is between 320-400 yuan/ton; Recently, the sulfuric acid market has basically maintained a balanced state of production and sales, and prices have been relatively stable; However, the supply of sulfuric acid in Sichuan continues to be tight, and prices continue to rise and remain high. At present, sulfuric acid prices in many places have risen to high levels. Downstream companies are under high cost pressure, purchasing sentiments are relatively cautious, and the market is more wait-and-see.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 10 was 413.85, an increase of 4.62 from yesterday, or 1%.

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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.