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[Sulfuric acid] Analysis of sulfuric acid market price on August 9

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August 9, 2024, 4:01 PM

Analysis of sulfuric acid market price on August 9

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, prices in some areas of the domestic sulfuric acid market have been reduced within a narrow range. As of now, the factory price of 98% of smelted acid in Yunnan is at 330-420 yuan/ton, and the factory price of 98% of smelted acid in Zhejiang is at 370-430 yuan/ton; The acid price is high, some downstream industries have greater cost pressure, and they continue to resist high-priced sulfuric acid. The shipment situation of enterprises has weakened. The market price pressure is more obvious, and the price of new orders continues to be lowered; Acid prices in most areas have temporarily remained stable, production and marketing of enterprises are basically balanced, and the sulfuric acid market is gradually divided, but the price is high, and the game between supply and demand in the market is obvious.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 9 was 460.00, down 6.15 from yesterday, or 1%.

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3、 market outlook

The price of sulfuric acid is high, and the resistance in the downstream market is relatively strong. The market has pressed down on price inquiries, while the start of acid plants is still high. Some acid companies have great shipping pressure, and prices are mainly adjusted in a narrow range. The supply and demand game in the sulfuric acid market, and the market may be weak.