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[Sulfuric acid] Analysis of sulfuric acid market price on August 7

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August 7, 2024, 5:24 PM

Analysis of sulfuric acid market price on August 7

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market is generally stable. As of now, the factory price of 98% of smelting acid in Yunnan is at 480-570 yuan/ton, the price of 98% of ore acid in Hebei is at 330-410 yuan/ton, and the price of 98% of sulfuric acid is at 350-500 yuan/ton; Recently, the acid price in Hebei has been better affected by surrounding demand, and the company's shipment has been better, and the price has increased slightly; However, acid prices in southwest China have risen to high levels, acid companies in some regions have experienced greater shipping pressure, Yunnan prices have been reduced within a narrow range, the market has a strong wait-and-see atmosphere, and market purchasing sentiment is still relatively cautious.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 7 was 477.69, down 6.92 from yesterday, or 1%.

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3、 market outlook

The market trend is more divided, with sulfuric acid prices high, but demand for sulfuric acid in most regions is still relatively strong, supporting an upward trend in prices; and acid plants in Inner Mongolia and other regions have been overhauled and under-operated; due to the impact of demand in Yunnan, coupled with new production capacity in the later period, sulfuric acid shipments have been put under pressure, and prices have been reduced slightly; at present, there is a game between supply and demand in the sulfuric acid market, and prices are operating at a high level.