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[Sulfuric acid] Sulfuric acid market price analysis on July 17

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July 17, 2024, 4:10 PM

Analysis of sulfuric acid market price on July 17

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market maintains good operation. As of now, the factory price of 98% of smelted acid in the Yunnan market is 660-750 yuan/ton, and the factory price of 98% of smelted acid in Hubei is 380-430 yuan/ton. Market demand support is still strong. Under the decline in start-up, acid factory prices have maintained a slight increase; in addition, acid factories in some regions have some export orders in hand, corporate inventories are low, and the overall market is operating strongly, and the sulfuric acid market continues to maintain an upward trend.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 17 was 436.77, an increase of 4.62 from yesterday, or 1%.

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3、 market outlook

This week, acid plants are still under-started, and some acid plants are maintaining maintenance status. However, the overall demand in the downstream market is strong, which has strong support for sulfuric acid. In addition, the demand for sulfuric acid export market is good recently, and the demand for chemical fertilizers in the autumn market may increase again in the later period. Acid prices in some regions may be expected to rise again, but the current acid prices are high, and the production costs of titanium dioxide companies are high. Acid prices in some regions may be stable, and the overall sulfuric acid market remains high.