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[Sulfuric acid] Analysis of Sulfuric acid market price on August 30

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August 30, 2024, 5:21 PM

Analysis of sulfuric acid market price on August 30

1、 Chinese sulfuric acid market price

Unit: yuan/ton

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Today, China's sulfuric acid market has temporarily stabilized. As of now, the price of 98% ore acid in Shandong is at 320-390 yuan/ton, and the price of 98% ore acid in Guangdong is at 380-450 yuan/ton. Recently, the transaction atmosphere in the sulfuric acid market has gradually differentiated, and the market price has not dropped significantly. The main reason is that the inventory pressure of acid plants is not large for the time being, and the transaction is basically stable for the time being; in the short term, downstream procurement will remain cautious, with the market waiting and waiting.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 30 was 455.77, which was the same as yesterday.

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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.