[Sulfuric acid] Analysis of Sulfuric acid market price on August 29

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August 29, 2023, 5:24 PM

Analysis of sulfuric acid market price on August 29

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on August 28	August 29	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	250-300	250-300	0
	Jiangsu area	98% sulfuric acid	230-350	230-350	0
	Zhejiang area	98% sulfuric acid	350-440	380-480	+30/+40
	Sichuan region (ex-factory price)	98% sulfuric acid	480-590	480-590	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	40-280	40-280	0
	Hunan area	98% smelting acid	260-310	260-310	0
	Jiangxi area	98% smelting acid	140-220	240-320	+100/+100
	Henan area	98% smelting acid	90-250	90-250	0
	Hubei area	98% smelting acid	320-420(Factory price)	320-420(Factory price)	0
	Guangxi region	98% smelting acid	230-300(Factory price)	230-330(Factory price)	0/+30
	Yunnan region	98% smelting acid	440-500(Factory price)	440-500(Factory price)	0
	Fujian area	98% smelting acid	240-360	320-440	+80/+80
	Inner Mongolia region	98% smelting acid	30-240	30-240	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	250-400	250-400	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	160-260	160-260	0
	Guangdong area	98% mineral acid	210-230	210-230	0
	Hebei region	98% mineral acid	100-250	100-250	0
	Sichuan region (ex-factory price)	98% mineral acid	450-550	480-580	+30/+30

Today, China's sulfuric acid market continues to maintain an upward trend. As of now, the ex-factory price of 98% of smelted acid in Fujian is at 320-440 yuan/ton, and the factory price of 98% of smelted acid in Guangxi is at 230-330 yuan/ton. The sulphuric acid export market remains strong. Foreign trade orders from some companies have increased again, manufacturers 'inventories are low, and market supply and demand remain in a tight balance; Demand in China's downstream market is stable, and demand for sulfuric acid has continued to increase. The market transaction atmosphere is good, and prices maintain a slight upward trend.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 29 was 265.42, an increase of 7.92 from yesterday, or 3%.

3. Future outlook forecast

There is strong demand from downstream industries such as phosphate fertilizer and titanium dioxide, and the demand for sulfuric acid is relatively strong. The inventory of acid plants has declined. The market supply and demand have maintained a balance. The prices of new orders in the market area have gradually increased slightly. The sulfuric acid market will maintain stable operation in the short term.