[Sulfuric acid] Analysis of Sulfuric acid market price on August 27

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August 27, 2024, 4:30 PM

Analysis of sulfuric acid market price on August 27

1、 Chinese sulfuric acid market price

Unit: yuan/ton

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Today, China's sulfuric acid market is basically stable, and prices in some regions continue to adjust within a narrow range. As of now, the price of 98% of smelting acid in Shandong is between 80-370 yuan/ton, and the ex-factory transaction price of 98% of smelting acid in Henan is between 250-350 yuan/ton; Affected by the differentiation of sulfuric acid prices, shipping pressure in some regions has increased, downstream has resistance to high-priced sulfuric acid, new order prices in Shandong and Hebei have been slightly lowered, wait-and-see sentiment in surrounding areas has increased, and market transactions have been deadlocked under the high level of acid plant construction. The game between supply and demand is obvious, and prices are expected to be adjusted in a narrow range.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 27 was 462.69, an increase of 0.77 from yesterday, or 0%.

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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.