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[Sulfuric acid] Analysis of sulfuric acid market price on August 21

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August 21, 2024, 5:10 PM

Analysis of sulfuric acid market price on August 21

1、 Chinese sulfuric acid market price

Unit: yuan/ton

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Today, the operation of China's sulfuric acid market is still weak. As of now, the price of 98% of smelting acid in Guizhou is 450-550 yuan/ton, and the price of 98% of smelting acid in Henan is 280-370 yuan/ton; This week, the main acid plants in Gansu are still under maintenance, the supply of sulfuric acid in the surrounding areas has decreased, and the acid price has remained stable; the acid price in Shandong and Henan in the northern region has been reduced within a narrow range, and the acid price is high. There is still pressure on shipments of acid companies, inventories have increased, and the prices of individual acid plants have been adjusted within a narrow range; At present, the price of sulfuric acid market is divided, the game between supply and demand is obvious, and prices fluctuate within a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 21 was 469.62, down 3.46 from yesterday, or 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.