[Sulfuric acid] Sulfuric acid market price analysis on July 23

1. Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market is operating stably. As of now, the factory price of 98% of smelting acid in Guangxi is 550-650 yuan/ton, and the factory price of 98% of smelting acid in Guizhou is 550-650 yuan/ton. The overall demand in the downstream market is relatively stable, while the inventory of acid plants is low, and supply and demand are basically balanced; At present, the overall acid price remains at a high level. Although the overall shipment situation of acid companies in some regions is relatively good and the acid price is steadily rising, some downstream cost pressures are great, and the market price increase may be limited.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 23 was 456.00, an increase of 7.69 from yesterday, or 2%.

3. Future outlook forecast

At present, the supply of acid plants is relatively sufficient. In the later period, some acid plants in Yunnan and other regions have maintenance plans. However, the downstream phosphate fertilizer market demand continues to be strong, which has strong support for acid prices. Although the chemical industry has great cost pressure, due to the impact of high start-up, sulfuric acid is also affected by the high start-up. Maintaining just demand, the overall sulfuric acid market still shows that supply is less than demand, and prices continue to operate at a high level. However, the current acid price is high, and price increases in some regions are under pressure, and market prices will remain high in the short term.