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Market analysis of the domestic sulfuric acid market in June 2015

2015-07-13View Original

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Products: Recently, the overall operating rate of sulfuric acid manufacturers has been around 70%. The sulfuric acid market remained stable throughout June, with most manufacturers having sufficient inventory, driven mainly by purchase orders from downstream clients; The price of sulfuric acid in Central China has seen slight adjustments, while the acid price in Henan remains stable; the ex-plant price for 98% ore acid is around 330–360 yuan per ton. The market in South China remains sideways, while the sulfuric acid market shows stability ; In June, due to maintenance shutdowns at some sulfuric acid producers, the overall operation rate remained around 60%, and the market conditions for sulfuric acid stayed relatively stable ; Most manufacturers have sufficient inventory, with orders driven mainly by downstream purchasing demands. Industry chain: The domestic sulfur market remains relatively stable; the situation in June was characterized by mild stability, with limited support for sulfur-based acid production in the downstream sector as a whole ; Affected by the off-season for fertilizers, downstream fertilizer manufacturers have a weaker willingness to purchase sulfuric acid; however, fertilizer exports from Jiangsu province are positive for the sulfuric acid market. Industry: Recently, the sulfuric acid market in East China has remained stable overall. In Shandong Province, there was a concentration of maintenance activities at acid-producing plants in June, and inventory levels were reasonable. Affected by weaker demand from downstream industries, the price of sulfuric acid in Shandong dropped during the first half of that month, by an average of 10 yuan per ton. Currently, the export price of 98% pure sulfuric acid remains around 350–380 yuan per ton ; The ex-factory price of 98% ore acid is around 370–400 yuan per ton, while the ex-factory price of 98% sulfuric acid is around 400–430 yuan per ton ; Exports in the Jiangsu and Zhejiang regions are favorable; the acid value has increased by an average of 20 yuan per ton, while the ex-factory price of 98% sulfuric acid is around 370–420 yuan per ton ; The ex-factory price of 98% smelting acid in Anhui is between 280 and 330 yuan per ton ; In June, the overall operating rate of acid-producing enterprises remained around 60%, and the market conditions for sulfuric acid stayed relatively stable ; It is expected that shipments of downstream phosphate ammonium fertilizers will be average in June, with the sulfuric acid market remaining stable in the short term.

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