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[Sulfuric acid] Analysis of Sulfuric acid market price on August 13

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August 13, 2024, 3:52 PM

Analysis of sulfuric acid market price on August 13

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market is operating stably. As of now, the price of 98% of smelting acid in Guizhou is at 480-580 yuan/ton, and the price of 98% of ore acid in Guangdong is at 430-480 yuan/ton. Recently, acid plants in some regions have been overhauled, and the supply of sulfuric acid is insufficient; The overall downstream market demand is good, and the inventory of acid plants remains at a low level; However, due to the impact of high acid prices, some industries have experienced greater cost pressure and are still in conflict. The transaction atmosphere in some regions has weakened. In the short term, supply and demand in the sulfuric acid market have remained balanced, and market prices have continued to remain stable.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 13 was 462.69, down 1.54 from yesterday, or 0%.

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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.