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Analysis of sulfuric acid market price on May 19

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May 22, 2023, 4:24 PM

Analysis of sulfuric acid market price on May 19

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

May 18

May 19

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

250-400

0/-50

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)

10-150(Factory price)

0/+20

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

120-220

120-220

0

Hebei region

98% mineral acid

160-220

160-220

0

Sichuan area

98% mineral acid

300-450

300-450

0

Today, some areas in China's soda ash market have picked up. As of now, the factory price of 98% of smelting acid in Guangxi is 160-260 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 10-150 yuan/ton; The downstream titanium dioxide market in Guangxi is under-staffed, the demand for sulfuric acid in the region has shrunk, and the supply of sulfuric acid has become excessive. Enterprises continue to need procurement; the export market has also weakened, and some acid factories subsidize freight sales; Smelting acid prices in Hubei today rose by 20 yuan/ton, mainly due to the low inventory of manufacturers and the fact that some manufacturers still have early orders. The rise in acid prices today has boosted the confidence of acid companies. It is expected that the sulfuric acid market in some regions will operate steadily in the later period.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 19 was 126.08, an increase of 0.83 or 1%, from yesterday.

  

 

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 has shrunk. However, 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 dropped to low. Although downstream procurement enthusiasm has not increased significantly, due to the impact of cost prices, the price of sulfuric acid has dropped limited, and the market has maintained a weak and stable operation.