Analysis of sulfuric acid market price on June 27

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June 27, 2023, 5:34 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on June 26	June 27	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	30-100	30-100	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 low, and the market has not changed much. As of now, the factory price of 98% of smelting acid in Guangxi is between 160-260 yuan/ton, and the factory price of 98% of smelting acid in Shandong is between 30-110 yuan/ton; Recently, the production and sales of sulfuric acid in some areas have been basically balanced, export orders of enterprises in Yanhai area have remained good, and manufacturers have little inventory pressure; A major acid factory in Shandong has a re-stocking and maintenance plan. The downstream market demand continues to be weak. The company maintains just need to purchase, and the sulfuric acid market will operate stably in the short term.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 27 was 111.79, which was the same as 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.