Analysis of sulfuric acid market price on June 21

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June 21, 2023, 4:51 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	June 20	June 21	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 price wait-and-see atmosphere in China's sulfuric acid market is relatively strong. As of now, the price of 98% of smelting acid in Anhui is 20-80 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is 230-280 yuan/ton; the supply of sulfuric acid in the market is basically stable, downstream companies purchase on demand, and companies have basically no intention of hoarding goods; Recently, the Yunnan market has been slightly improved due to demand from surrounding areas. Coupled with the maintenance of individual factory equipment in the later period, the bidding price of enterprises has been slightly increased. However, the cost pressure on downstream enterprises is still high. It is still difficult to rise the price of sulfuric acid, and market prices have been operating stably.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 21 was 111.79, which was the same as yesterday.

3. Future outlook forecast

The supply of sulfuric acid in the market has remained stable. The maintenance of acid plants in Chifeng, Yunnan and other regions in Inner Mongolia has resumed, and the market supply is expected to rise; while downstream chemical fertilizers and titanium dioxide are in the off-season, and start-up continues to be low, and most of the purchases by enterprises entering the market remain in demand; supply and demand in the sulfuric acid market are unbalanced. Due to the high cost of raw materials and high cost pressure on some enterprises, sulfuric acid prices have remained stable.