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[Sulfuric acid] Analysis of Sulfuric acid market price on August 20

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August 20, 2024, 5:05 PM

Analysis of sulfuric acid market price on August 20

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the transaction atmosphere in the domestic sulfuric acid market is deadlocked. As of now, the factory price of 98% of smelting acid in Yunnan is 360-450 yuan/ton, the price of 98% of smelting acid in Shandong is 80-410 yuan/ton, and the price of 98% of sulfuric acid is 390-460 yuan/ton; As early maintenance enterprises in Shandong have resumed production, supply in the region has increased, company orders are good, and market prices are temporarily stable; The acid price in Yunnan has increased slightly by 30 yuan/ton today, mainly due to the large decline in acid prices in the early period. As demand recovers, company shipments have improved and prices have increased. At present, the sulfuric acid market is basically stable, and market production and sales are basically balanced., prices operate stably.

2、 Sulfuric acid price index

According to Tu Duoduo's data, the sulfuric acid market price index on August 20 was 473.08, an increase of 2.31 from yesterday, or 0%.

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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.