[Sulfuric acid] Analysis of Sulfuric acid market price on August 16

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August 16, 2023, 4:58 PM

Analysis of sulfuric acid market price on August 16

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	the 15th day of the 8th	August 16	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-280	200-280	0
	Jiangsu area	98% sulfuric acid	230-300	230-300	0
	Zhejiang area	98% sulfuric acid	250-350	250-350	0
	Sichuan region (ex-factory price)	98% sulfuric acid	430-530	430-550	0/+20
	Hebei region	98% sulfuric acid	180-300	180-300	0
smelting acid	Anhui area	98% smelting acid	140-190	140-190	0
	Shandong area	98% smelting acid	1-280	1-280	0
	Hunan area	98% smelting acid	200-240	220-260	+20/+20
	Jiangxi area	98% smelting acid	90-180	140-220	+50/+40
	Henan area	98% smelting acid	50-180	50-180	0
	Hubei area	98% smelting acid	260-350(Factory price)	270-350(Factory price)	+10/0
	Guangxi region	98% smelting acid	180-250(Factory price)	180-250(Factory price)	0
	Yunnan region	98% smelting acid	320-370(Factory price)	320-370(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	250-300	250-300	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	180-200	+30/0
	Hebei region	98% mineral acid	100-250	100-250	0
	Sichuan region (ex-factory price)	98% mineral acid	400-500	420-550	+20/+50

Today, the price of new orders in some regions of China's sulfuric acid market continues to rise. As of now, the factory price of 98% of smelting acid in Guizhou is between 250-300 yuan/ton, and the mainstream ex-factory price of 98% of smelting acid in Hunan is between 90-210 yuan/ton; Recently, acid plant equipment in some regions is still under maintenance, and the market supply remains tight; Demand in the downstream chemical industry remained stable, demand in the phosphate fertilizer industry increased, and demand for new energy in some regions also increased. The demand in the sulfuric acid market was gradually emerging, and market prices maintained an upward trend.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 16 was 213.79, an increase of 2.08 or 1%, from yesterday.

3. Future outlook forecast

This week, some acid plant units in 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 is expected to fluctuate little; demand in the downstream market is strong, acid plant inventories are low, and supply in the sulfuric acid market is gradually emerging. Affected by supply, sulfuric acid prices are expected to have upward expectations in the later period.