[Sulfuric acid] Analysis of Sulfuric acid market price on August 26

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August 26, 2024, 4:24 PM

Analysis of sulfuric acid market price on August 26

1、 Chinese sulfuric acid market price

Unit: yuan/ton

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Today, prices in some regions of China's sulfuric acid market have been reduced within a narrow range. As of now, the factory price of 98% of smelting acid in Guangxi is 500-600 yuan/ton, and the factory price of 98% of smelting acid in Henan is 250-350 yuan/ton; Recently, the trend of downstream phosphate fertilizers in some regions of China has been weak, demand for sulfuric acid has loosened, and transaction prices in some regions have been preferential; Due to the increase in supply in Yunnan, prices are relatively low. The pressure on acid price shipments in surrounding areas has increased, and prices have been lowered. The main acid plants in North China and Northwest China have been repaired, and supply has been significantly reduced. When demand is stable, prices have basically remained stable; the market has continued to diverge from the north and south regions, and prices fluctuate.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 26 was 461.92, down 7.77 from the previous working day, a decrease of 2%.

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3、 market outlook

At present, the start of the sulfuric acid market is basically stable. The early maintenance companies plan to store and resume production, and the supply remains relatively high. Demand for downstream phosphate fertilizers fluctuates, but procurement enthusiasm has decreased compared with the previous period, and market transactions have been deadlocked; titanium dioxide is affected by cost pressure, and demand remains weak; The inventory situation of acid plants is uneven, and the acid prices in the north and south regions are differentiated. Affected by supply, prices are expected to continue to show mixed ups and downs.