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[Sulfuric acid] Analysis of Sulfuric acid market price on August 12

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August 12, 2024, 3:15 PM

Analysis of sulfuric acid market price on August 12

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the acid price in some areas of the domestic sulfuric acid market has increased slightly. As of now, the ex-factory price of 98% of smelting acid in Shandong is 80-380 yuan/ton, and the ex-factory price of 98% of ore acid is 360-400 yuan/ton; 98% of the factory price of smelting acid in Henan is 280-400 yuan/ton; after the acid price was lowered in some areas last week, company shipments have improved, manufacturers 'inventories are low, and the prices of major acid factories in Shandong have increased slightly over the weekend; Cost pressure on the downstream market in some areas in the southwest region is still high, and there is still resistance to high-priced sulfuric acid. Companies are cautious in purchasing, and the market is mainly waiting and seeing.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 12 was 464.23, an increase of 4.23 from the previous working day, or 1%.

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3、 market outlook

The downstream phosphate fertilizer market has remained at a high level and market demand is strong. However, the chemical industry has weakened due to the greater impact of cost pressure. At present, most of the inventories of acid companies have remained at a low level, and market prices have stabilized. Some regions are affected by weak demand and have a relatively pessimistic mentality., the price of new sulfuric acid orders has been adjusted within a narrow range; the market price is high, the purchasing mentality of the downstream market remains cautious, and the market may temporarily stabilize.