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Analysis of sulfuric acid market price on June 28

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June 28, 2023, 4:52 PM

Analysis of sulfuric acid market price on June 28

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

June 27

June 28

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

150-200

130-200

-20/0

Jiangsu area

98% sulfuric acid

120-200

120-200

0

Zhejiang area

98% sulfuric acid

200-300

200-300

0

Sichuan area

98% sulfuric acid

350-450

350-450

0

Hebei region

98% sulfuric acid

180-260

150-250

-30/-10

smelting acid

Anhui area

98% smelting acid

20-80

10-50

-10/-30

Shandong area

98% smelting acid

30-110

30-110

0

Hunan area

98% smelting acid

50-160

50-160

0

Jiangxi area

98% smelting acid

50-120

50-120

0

Henan area

98% smelting acid

1-50

1-50

0

Hubei area

98% smelting acid

100-150(Factory price)

50-150(Factory price)

-50/0

Guangxi region

98% smelting acid

160-260(Factory price)

160-260(Factory price)

0

Yunnan region

98% smelting acid

230-280(Factory price)

230-280(Factory price)

0

Fujian area

98% smelting acid

50-200

50-200

0

Inner Mongolia region

98% smelting acid

30-100

30-120

0/+20

Liaoning area

98% smelting acid

80-160

80-160

0

Sichuan area

98% smelting acid

100-200

100-200

0

Guizhou area

98% smelting acid

150-200

150-200

0

Zhejiang area

98% smelting acid

50-150

50-150

0

Gansu region

98% smelting acid

1-10

1-10

0

mineral acid

Shandong area

98% mineral acid

110-140

110-140

0

Guangdong area

98% mineral acid

120-220

120-220

0

Hebei region

98% mineral acid

20-200

20-200

0

Sichuan area

98% mineral acid

300-450

300-450

0

Today, prices in some areas of China's sulfuric acid market have been adjusted within a narrow range. As of now, the ex-factory price of 98% sulfuric acid in Hebei is between 150-250 yuan/ton; the ex-factory price of 98% ore acid is between 20-200 yuan/ton; The downstream phosphate fertilizer and chemical industry markets have shown no signs of improvement in the short term, and there is insufficient support for the demand for sulfuric acid market. In addition, the recent sulfur price has remained low, and the start-up of sulfur-based sulfuric acid companies has rebounded slightly. However, downstream companies are still more cautious in purchasing, and the prices of new orders in some regions are slightly favorable. However, the market transaction volume is still small, and sulfuric acid prices will remain low in the short term.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 28 was 108.00, down 3.79 or 3%, from yesterday.

  

 

3. Future outlook forecast

Demand in the sulfuric acid market did not increase after the holiday. The start of acid plants in some areas declined, and the market trading atmosphere was general; downstream chemical fertilizers and titanium dioxide were in the off-season, and the start continued to be low, and most companies entered the market to maintain their demand; supply and demand in the sulfuric acid market were unbalanced, affected by the high cost of raw materials. Some companies have high cost pressure, and the sulfuric acid market is operating weakly and stably.