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Analysis of sulfuric acid market price on May 15

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May 16, 2023, 5:25 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

May 12

on May 15

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

150-200

150-200

0

Jiangsu area

98% sulfuric acid

100-230

100-230

0

Zhejiang area

98% sulfuric acid

200-300

200-300

0

Sichuan area

98% sulfuric acid

250-450

250-450

0

Hebei region

98% sulfuric acid

200-260

200-260

0

smelting acid

Anhui area

98% smelting acid

20-80

20-80

0

Shandong area

98% smelting acid

50-120

50-120

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

10-130(Factory price)

10-130(Factory price)

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

100-160

100-160

0

Liaoning area

98% smelting acid

100-240

100-240

0

Sichuan area

98% smelting acid

50-200

50-200

0

Guizhou area

98% smelting acid

150-200

150-200

0

Zhejiang area

98% smelting acid

100-200

100-200

0

Gansu region

98% smelting acid

10-80

10-80

0

mineral acid

Shandong area

98% mineral acid

110-140

110-140

0

Guangdong area

98% mineral acid

150-250

120-220

-30/-30

Hebei region

98% mineral acid

160-220

160-220

0

Sichuan area

98% mineral acid

300-450

300-450

0

Today, China's sulfuric acid market is temporarily stable. As of now, 98% of ore acid in Guangdong has been shipped at 120-220 yuan/ton, and 98% of smelting acid in Yunnan has arrived at 230-280 yuan/ton. Demand from downstream terminals continues to be sluggish, and there is no sign of improvement in the short term. Most acid factories in Guangdong are ore acid, and costs are under pressure. Under inventory pressure, the price of new orders dropped to 30 yuan/ton today. Due to the continued weakness of the sulfuric acid market, the market purchasing atmosphere is light and the market pessimism is strong. Recently, acid plants in Yunnan and other regions have begun equipment maintenance. However, under the pressure of manufacturers 'shipments, the inventories of some companies have increased, and the sulfuric acid market is under great pressure. The market continues to operate weakly.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 15 was 157.54, which was the same as the previous working day.

 

 

3. Future outlook forecast

Some acid plants in Yunnan are planning equipment maintenance, and expectations are also lowered to start operating mineral acid and sulfonic acid under cost pressure. Market supply is shrinking, but downstream market demand continues to be weak and demand for sulfuric acid is insufficient. Recently, sulfuric acid prices have continued to fall, and prices in some regions have fallen. Low, downstream procurement enthusiasm is low, acid companies 'inventories are high, and market prices are expected to continue to maintain a downward trend.