[Sulfuric acid] Analysis of Sulfuric acid market price on August 18

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August 18, 2023, 4:43 PM

Analysis of sulfuric acid market price on August 18

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	August 17	on August 18	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	320-400	+70/+50
	Sichuan region (ex-factory price)	98% sulfuric acid	430-550	430-550	0
	Hebei region	98% sulfuric acid	180-300	180-300	0
smelting acid	Anhui area	98% smelting acid	190-240	190-240	0
	Shandong area	98% smelting acid	1-280	1-280	0
	Hunan area	98% smelting acid	220-260	220-260	0
	Jiangxi area	98% smelting acid	140-220	140-220	0
	Henan area	98% smelting acid	50-180	50-180	0
	Hubei area	98% smelting acid	270-380(Factory price)	320-380(Factory price)	+50/0
	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	240-360	240-360	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	290-360	+60/+60
	Gansu region	98% smelting acid	90-130	90-130	0
mineral acid	Shandong area	98% mineral acid	80-220	80-220	0
	Guangdong area	98% mineral acid	180-200	180-200	0
	Hebei region	98% mineral acid	100-250	100-250	0
	Sichuan region (ex-factory price)	98% mineral acid	420-550	420-550	0

Today, the price of new orders in some areas of China's sulfuric acid market continues to rise. As of now, the factory price of 98% of smelted acid in Hubei is 320-380 yuan/ton, and the mainstream ex-factory price of 98% of smelted acid in Zhejiang is 290-360 yuan/ton; Recently, acid factories in Zhejiang have been under strong support from the demand side due to the high start-up of the downstream fertilizer industry in Anhui, and there is no pressure on acid companies to ship, and prices have increased significantly; Demand for phosphorus chemicals and titanium dioxide in the downstream reaches of Sichuan has recovered, and procurement volumes have increased, resulting in tight prices for acid goods. The demand in the sulfuric acid market is gradually emerging in short supply, and market prices maintain an upward trend.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 18 was 231.29, up 9.58 or 4% 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 Guangdong, and the overall market start is expected to fluctuate little; downstream phosphate fertilizer starts to remain at a high level, market demand is strong, acid plant inventories are low, and the supply of sulfuric acid market exceeds demand gradually. Affected by supply, sulfuric acid prices are expected to rise again in the later period.