Analysis of sulfuric acid market price on June 13

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June 13, 2023, 4:38 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	June 12	June 13	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	150-200	150-200	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	180-260	0
smelting acid	Anhui area	98% smelting acid	20-80	20-80	0
	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)	100-150(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	10-100	10-100	0
	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, the market price of sulfuric acid in China remains stable. As of now, the factory price of 98% of smelted acid in Hubei is between 100-150 yuan/ton, and the factory price of 98% of smelted acid in Guangxi is between 160-260 yuan/ton. Currently, most manufacturers in the market mainly issue early orders, but as companies complete the delivery, there is also pressure to sign new orders in the market; Due to the downward trend in sulfur prices, sulfuric acid companies are under great shipping pressure, the price advantage of smelting acid has increased, and the inventory pressure of manufacturers has eased; under the weak demand in the downstream market, the sulfuric acid market is unlikely to improve in the short term, and the market price remains low.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 13 was 111.79, which was the same as yesterday.

3. Future outlook forecast

Acid plants in Liaoning, Henan and other regions have successively entered maintenance, and the Shandong acid plant has resumed maintenance, but the current market starts are still on the trend of being removed; downstream fertilizers and chemicals are in the off-season, and the demand for sulfuric acid market is limited, and companies just need to purchase; the recent decline in sulfur prices has made the downstream procurement atmosphere more cautious, and sulfuric acid prices are expected to remain low in the short term.