[Sulfuric acid] Sulfuric acid market price analysis on July 12

Analysis of sulfuric acid market price on July 12

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the transaction atmosphere in the domestic sulfuric acid market remains good. As of now, the price of 98% of ore acid in Guangdong is at 380-450 yuan/ton, and the price of 98% of smelting acid in Guangxi is at 480-560 yuan/ton; The overall downstream demand for sulfuric acid remains good. The inventory of acid factories in most regions is low. Coupled with cost pressure, acid prices in some regions maintain a slight upward trend; The price of sulfuric acid is high, the cost pressure on downstream companies continues to increase, the market transaction atmosphere has begun to slow down, and there is limited room for increase in sulfuric acid prices.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 12 was 424.85, an increase of 6.15 or 1%, from yesterday.

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.