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[Sulfuric acid] Sulfuric acid market price analysis on July 31

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July 31, 2024, 5:04 PM

Analysis of sulfuric acid market price on July 31

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market has stabilized and moved slightly. As of now, the factory price of 98% of smelted acid in Guangxi is 600-680 yuan/ton, and the factory price of 98% of smelted acid in Yunnan is 610-700 yuan/ton; Recently, prices in Yunnan and Guangxi have been adjusted within a narrow range, and acid prices in other regions have basically maintained stability; due to the continuous completion of stocking by downstream companies, acid factory inventories have been consumed, coupled with recent good export orders and a slight increase in prices, acid prices in Guangxi have increased slightly; At present, the production and sales of sulfuric acid enterprises are basically balanced, and the market price is temporarily stable. Some enterprises are waiting and see.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 31 was 480.96, an increase of 1.54 or 0%, from 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.