[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on August 14

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August 14, 2023, 5:33 PM

Analysis of sulfuric acid market price on August 14

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	August 11	August 14	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	150-200	200-280	+50/+80
	Jiangsu area	98% sulfuric acid	200-260	230-300	+30/+40
	Zhejiang area	98% sulfuric acid	250-350	250-350	0
	Sichuan region (ex-factory price)	98% sulfuric acid	430-530	430-530	0
	Hebei region	98% sulfuric acid	150-300	180-300	+30/0
smelting acid	Anhui area	98% smelting acid	140-190	140-190	0
	Shandong area	98% smelting acid	1-180	1-280	0/+100
	Hunan area	98% smelting acid	200-240	200-240	0
	Jiangxi area	98% smelting acid	90-180	90-180	0
	Henan area	98% smelting acid	50-130	50-180	0/+50
	Hubei area	98% smelting acid	260-320(Factory price)	260-350(Factory price)	0/+30
	Guangxi region	98% smelting acid	150-230(Factory price)	150-230(Factory price)	0
	Yunnan region	98% smelting acid	290-340(Factory price)	290-340(Factory price)	0
	Fujian area	98% smelting acid	210-330	210-330	0
	Inner Mongolia region	98% smelting acid	30-220	30-220	0
	Liaoning area	98% smelting acid	40-120	40-120	0
	Sichuan area (delivery price)	98% smelting acid	310-370	310-370	0
	Guizhou area	98% smelting acid	200-280	200-280	0
	Zhejiang area	98% smelting acid	230-300	230-300	0
	Gansu region	98% smelting acid	90-130	90-130	0
mineral acid	Shandong area	98% mineral acid	80-150	80-150	0
	Guangdong area	98% mineral acid	150-200	150-200	0
	Hebei region	98% mineral acid	80-250	100-250	+20/0
	Sichuan region (ex-factory price)	98% mineral acid	400-500	400-500	0

Today, the price of sulfuric acid in China has been raised again. As of now, the ex-factory transaction price of 98% of smelted acid in Henan is between 50-180 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is between 1-280 yuan/ton. Recently, the downstream phosphate fertilizer market demand is relatively strong, and acid companies have smooth shipments. Manufacturers in some regions have again maintenance plans. Under the expectation of shrinking supply, the price of new orders in the market has increased slightly; At present, there is a large price difference between sulfuric acid prices and high levels in Shandong. Some companies in the region are weak in terms of new orders, and market transaction prices are often negotiated. It is expected that the overall 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 August 14 was 207.13, an increase of 7.5 or 4%, from the previous working day.

3. Future outlook forecast

This week, some acid plant units in Hunan and Shandong are expected to resume production, but there are still acid plant storage and maintenance plans in Henan and Guangdong, and the overall market start-up is expected to fluctuate little; demand in the downstream market is strong, acid plant inventories are low, and demand in the sulfuric acid market is gradually emerging. Affected by supply, sulfuric acid prices are expected to have upward expectations in the later period.