[Sulfuric acid] Analysis of sulfuric acid market price on August 21

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August 21, 2023, 4:57 PM

Analysis of sulfuric acid market price on August 21

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on August 18	August 21	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-280	200-280	0
	Jiangsu area	98% sulfuric acid	230-300	230-350	0/+50
	Zhejiang area	98% sulfuric acid	320-400	320-400	0
	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	80-230	+30/+50
	Hubei area	98% smelting acid	320-380(Factory price)	320-380(Factory price)	0
	Guangxi region	98% smelting acid	180-250(Factory price)	210-280(Factory price)	+30/+30
	Yunnan region	98% smelting acid	320-370(Factory price)	350-400(Factory price)	+30/+30
	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	290-360	290-360	0
	Gansu region	98% smelting acid	90-130	90-130	0
mineral acid	Shandong area	98% mineral acid	80-220	100-250	+20/+30
	Guangdong area	98% mineral acid	180-200	210-230	+30/+30
	Hebei region	98% mineral acid	100-250	100-250	0
	Sichuan region (ex-factory price)	98% mineral acid	420-550	450-550	+30/0

Today, prices in some areas of China's sulfuric acid market continue to increase slightly. As of now, the price of 98% of ore acid in Guangdong is between 210-230 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is between 350-400 yuan/ton; Recently, demand in the downstream market of sulfuric acid has remained stable, and shipments from acid factories have continued to be smooth. With low inventories of manufacturers, the supply of sulfuric acid in the market is tight, and the price of new orders in the market has maintained an upward trend; At present, acid plants in some areas are still under operation, and the market transaction atmosphere is good, and the sulfuric acid market continues to maintain a rising trend.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 21 was 239.21, an increase of 8.75 or 4%, from the previous working day.

3. Future outlook forecast

Demand in the downstream market of sulfuric acid remains stable, the overall market demand is steadily increasing, and the market transaction atmosphere is good; in addition, the price of raw material sulfur has increased, and the cost of sulfuric acid has increased. Many companies have intentions to increase prices. Due to the increase in costs and downstream market demand, new sulfuric acid prices have maintained an upward trend.