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[Sulfuric acid] Sulfuric acid market price analysis on July 30

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July 30, 2024, 5:16 PM

Analysis of sulfuric acid market price on July 30

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market price is temporarily stable. As of now, the ex-factory price of 98% of smelted acid in Zhejiang is 400-460 yuan/ton, and the factory price of 98% of smelted acid in Guangxi is 550-650 yuan/ton; Sulfuric acid prices have risen one after another. High, the cost of downstream enterprises has increased significantly, and some regions have resistance to high-priced sulfuric acid; Early maintenance companies will resume production next week, but the pressure on some companies to ship new orders has increased, and the inventory of acid plants is low, and acid prices may temporarily stabilize in the short term.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 30 was 479.42, which was the same as yesterday.

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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.