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[Sulfuric acid] Analysis of Sulfuric acid market price on August 19

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August 19, 2024, 5:30 PM

Analysis of sulfuric acid market price on August 19

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 factory price of 98% of the smelting acid in Guangxi is 550-650 yuan/ton, and 98% of the smelting acid in Chifeng is 400-550 yuan/ton. Due to the demand from the downstream fertilizer industry, demand for sulfuric acid is maintained well. At present, sulfuric acid stocks in most regions are still low, and new orders are still relatively good, and acid prices are stable at a high level; However, the acid prices in some areas such as the Southwest region are high, the downstream pressure is obvious, companies have strong feelings of price pressure, and the signing situation is poor. Prices are mainly adjusted in a narrow range. Supply and demand in the sulfuric acid market are basically balanced, market prices are temporarily stable, and prices in some areas are narrow. Adjustment.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 19 was 470.77, down 3.08 from the previous working day, a decrease of 1%.

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3、 market outlook

This week, the main acid plant units in North China are expected to resume construction, and early maintenance companies will resume one after another. The downstream phosphate fertilizer market demand is still relatively good, but with the impact of exports, the demand for sulfuric acid for phosphate fertilizer may also weaken in the later period; while titanium dioxide is due to cost impact, the game between supply and demand is obvious; at present, the inventories of acid companies are basically at a low level, the sulfuric acid market is divided regionally, companies have a strong wait-and-see attitude, and prices or shocks are mainly adjusted within a narrow range.