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[Sulfuric acid] Sulfuric acid market price analysis on July 19

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July 19, 2024, 3:05 PM

Analysis of sulfuric acid market price on July 19

1、 Domestic sulfuric acid market price

Unit: yuan/ton1721372977873.png

Today, the domestic sulfuric acid market price continues to rise. As of now, the factory price of 98% of smelted acid in Sichuan is 650-900 yuan/ton, and the factory price of 98% of smelted acid in Guizhou is 500-600 yuan/ton. Recently, the smelted acid market has shrunk due to the supply of raw materials and the price has increased. The cost and price of smelted acid has increased, and the price of smelted acid has continued to rise in some areas; Demand support in the downstream market is still strong, corporate inventories are low, and demand in the new energy industry may increase further. The overall supply of sulfuric acid market continues to be tight and prices will continue to operate at high levels.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 19 was 443.69, an increase of 6.92 or 2%, from yesterday.

1721372720158.png3、 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.