[Sulfuric acid] Analysis of Sulfuric acid market price on August 16

Analysis of sulfuric acid market price on August 16

1、 Domestic sulfuric acid market price

Unit: yuan/ton

Today, the domestic sulfuric acid market continues to maintain stability. As of now, the price of 98% of smelting acid in Gansu is at 580-700 yuan/ton, and the price of 98% of smelting acid in Guizhou is at 480-580 yuan/ton. Recently, the shipment situation in the sulfuric acid market has been good. Under the influence of the maintenance of major acid factories in some regions, coupled with the low inventory of sulfuric acid, market prices have temporarily stabilized; while the price of sulfuric acid raw materials continues to rise, and the cost of sulfuric acid is high, supporting high prices; Although the acid price in some regions has been lowered, the overall acid price of Dan is still at a high level, downstream procurement is still relatively cautious, and the sulfuric acid market has a strong wait-and-see attitude.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 16 was 473.85, which was the same as yesterday.

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.