[Sulfuric acid] Analysis of sulfuric acid market price on August 9

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August 9, 2023, 5:40 PM

Analysis of sulfuric acid market price on August 9

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on August 8	August 9	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-200	120-200	20/0
	Jiangsu area	98% sulfuric acid	130-210	130-210	0
	Zhejiang area	98% sulfuric acid	200-300	200-300	0
	Sichuan region (ex-factory price)	98% sulfuric acid	430-530	430-530	0
	Hebei region	98% sulfuric acid	150-250	150-250	0
smelting acid	Anhui area	98% smelting acid	110-160	110-160	0
	Shandong area	98% smelting acid	1-90	1-100	0/+10
	Hunan area	98% smelting acid	150-200	150-200	0
	Jiangxi area	98% smelting acid	90-180	90-180	0
	Henan area	98% smelting acid	30-80	30-80	0
	Hubei area	98% smelting acid	220-290(Factory price)	230-310(Factory price)	+10/+20
	Guangxi region	98% smelting acid	150-230(Factory price)	150-230(Factory price)	0
	Yunnan region	98% smelting acid	270-310(Factory price)	290-340(Factory price)	+20/+30
	Fujian area	98% smelting acid	160-330	210-330	+50/0
	Inner Mongolia region	98% smelting acid	30-160	30-220	0/+60
	Liaoning area	98% smelting acid	40-120	40-120	0
	Sichuan area (delivery price)	98% smelting acid	280-360	280-360	0
	Guizhou area	98% smelting acid	200-280	200-280	0
	Zhejiang area	98% smelting acid	150-220	150-220	0
	Gansu region	98% smelting acid	60-100	60-100	0
mineral acid	Shandong area	98% mineral acid	80-100	80-100	0
	Guangdong area	98% mineral acid	130-200	130-200	0
	Hebei region	98% mineral acid	80-200	80-200	0
	Sichuan region (ex-factory price)	98% mineral acid	400-500	400-500	0

Today, the trading atmosphere in China's sulfuric acid market is relatively good. As of now, the mainstream ex-factory price of 98% of smelting acid in Hunan is 50-160 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is 290-340 yuan/ton; Recently, the downstream market demand for sulfuric acid is relatively good, coupled with the maintenance of acid plants in some regions, the market supply is tight, among which the price of new orders in Yunnan has been continuously increased; Under the support of demand, acid factory inventories remained low, market price increases were strong, and the sulfuric acid market continued to operate well in the short term.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 9 was 176.71, up 5.83 or 3%, from yesterday.

3. Future outlook forecast

This week, individual acid plants in Shandong and Guangdong are planned to be overhauled, and market starts are expected to decrease; the downstream phosphate fertilizer market is expected to start to increase, and demand for sulfuric acid has increased. Coupled with the low inventory of acid plants, the sulfuric acid market is expected to continue to operate well in the short term.