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[Sulfuric acid] Sulfuric acid market price analysis on July 29

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July 29, 2024, 4:45 PM

Analysis of sulfuric acid market price on July 29

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, some acid prices in the domestic sulfuric acid market continue to rise. As of now, the ex-factory price of 98% of smelting acid in Henan is 220-330 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is 660-750 yuan/ton; Due to the impact of equipment maintenance by acid companies in some regions, the supply of sulfuric acid has remained tight, and the price has increased slightly. However, due to the weak operation of industries such as titanium dioxide and high sulfuric acid, acid companies have high shipping pressure, and market start-ups have declined; At present, the market is divided at two levels, overall prices remain high, companies have a strong wait-and-see attitude, and prices in some regions may adjust within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 29 was 479.42, an increase of 8.85 or 2%, from the previous working day.

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3、 market outlook

The price of sulfuric acid is high, and the downstream cost price has increased significantly. The phosphate fertilizer market is operating well, and the start-up has also dropped slightly. The demand for sulfuric acid is relatively strong, and the acid price continues to rise. However, the titanium dioxide industry is operating in a sluggish manner, and the cost of high-priced sulfuric acid is under great pressure. There is resistance in the downstream of some regions, the pressure on sulfuric acid shipments has increased, the market supply and demand game, the market has a strong wait-and-see attitude, and prices may be adjusted in a narrow range.