[Sulfuric acid] Sulfuric acid market price analysis on June 19
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June 19, 2024, 2:26 PM Analysis of sulfuric acid market price on June 19
1. Market price of sulfuric acid in China
Unit: yuan/ton
Today, the market price of sulfuric acid in China continues to rise slightly. As of now, the factory price of 98% of smelting acid in Yunnan is 560-650 yuan/ton, and the factory price of 98% of smelting acid in Sichuan is 430-530 yuan/ton; The supply of sulfuric acid in Southwest China continues to be tight, and the quotations of companies in some areas in the region are gradually rising. The procurement situation of downstream companies is better, and acid factories are removing more stocks; At present, some acid plants are still under maintenance, supply and demand in the sulfuric acid market maintain a tight balance, and prices are mainly adjusted within a narrow range.
2. Sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on June 19 was 360.0, an increase of 2.69 from yesterday, or 1%.
3. Future outlook forecast
During the maintenance of acid plants in some areas, enterprises have too much stock and acid plants have some orders in hand. The overall market supply is tight. Coupled with the recent stable downstream market demand, acid prices in some areas have been continuously increased. The sulfuric acid market is operating well, and prices have maintained a slight upward trend.