[Sulfuric acid] Sulfuric acid market price analysis on July 16

Analysis of sulfuric acid market price on July 16

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market continues to maintain an upward trend. As of now, the factory price of 98% of smelting acid in Sichuan is 600-860 yuan/ton, the factory price of 98% of smelting acid in Shandong is 80-270 yuan/ton, and the price of 98% of ore acid is 260-290 yuan/ton; Recently, acid companies in some regions have planned to re-store and stop maintenance, market supply has shrunk, coupled with strong order support in the export market, and acid companies have better shipments, but acid prices in some regions have continued to rise. The downstream phosphate fertilizer market demand is still relatively strong, companies have successively accepted new order prices, acid factory inventories are low, market supply and demand still maintain a tight balance, and the sulfuric acid market is operating well.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 16 was 432.15, an increase of 6.54 or 2%, from yesterday.

3、 market outlook

This week, the start of acid plants is still insufficient, and some acid plants remain in maintenance status. However, the overall demand in the downstream market is strong, with strong support for sulfuric acid. In addition, the demand for fertilizer stocks in the autumn market may increase again in the later period. Acid prices in some regions may be expected to rise again. However, at present, the acid prices are high, and the production costs of titanium dioxide companies are high. The acid prices in some regions may maintain stability, and the overall sulfuric acid market remains high.