Analysis of sulfuric acid market price on June 30

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July 3, 2023, 5:21 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	June 29	June 30	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	130-200	130-200	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	150-250	150-250	0
smelting acid	Anhui area	98% smelting acid	10-50	10-50	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	60-120	60-120	0
	Henan area	98% smelting acid	1-50	1-50	0
	Hubei area	98% smelting acid	50-150(Factory price)	50-150(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	80-200	80-200	0
	Inner Mongolia region	98% smelting acid	30-120	30-120	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	100-200	-20/-20
	Hebei region	98% mineral acid	20-200	50-200	+30/0
	Sichuan area	98% mineral acid	300-450	300-450	0

Today, China's sulfuric acid market is stable and moving slightly. As of now, the price of 98% of smelting acid in Fujian is 80-200 yuan/ton, and the ex-factory price of 98% of smelting acid in Shandong is 30-110 yuan/ton. The price of sulfuric acid is low, and some regions have enterprises have equipment maintenance, manufacturers 'inventories have remained low, and in addition to the increase in prices of enterprises in surrounding areas, the quotation for new orders in Fujian sulfuric acid has increased slightly today; However, the main acid plant units in Shandong have resumed operation. Although there are more acid plants planned for maintenance, the downstream market demand is weak and there is weak support for the rise in sulfuric acid prices. The sulfuric acid market will continue to maintain a weak operation in the short term.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 230 was 109.25, 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.