[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 4

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September 4, 2023, 5:34 PM

Analysis of sulfuric acid market price on September 4

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 1	September 4	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	250-300	250-300	0
	Jiangsu area	98% sulfuric acid	280-450	280-450	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	500-620	500-660	0/+40
	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	60-280	60-280	0
	Hunan area	98% smelting acid	340-400	340-400	0
	Jiangxi area	98% smelting acid	240-320	240-320	0
	Henan area	98% smelting acid	120-250	120-250	0
	Hubei area	98% smelting acid	360-420(Factory price)	360-420(Factory price)	0
	Guangxi region	98% smelting acid	250-330(Factory price)	320-380(Factory price)	+70/+50
	Yunnan region	98% smelting acid	490-540(Factory price)	490-540(Factory price)	0
	Fujian area	98% smelting acid	320-440	320-440	0
	Inner Mongolia region	98% smelting acid	140-320	140-320	0
	Liaoning area	98% smelting acid	140-220	140-220	0
	Sichuan area (delivery price)	98% smelting acid	380-460	400-480	+20/+20
	Guizhou area	98% smelting acid	350-420	350-420	0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	130-190	130-190	0
mineral acid	Shandong area	98% mineral acid	190-290	210-290	+20/0
	Guangdong area	98% mineral acid	230-330	250-330	+20/0
	Hebei region	98% mineral acid	100-250	200-300	+100/+50
	Sichuan region (ex-factory price)	98% mineral acid	500-600	500-600	0

Today, prices in some areas of China's sulfuric acid market continue to rise. As of now, the factory price of 98% of smelting acid in Guangxi is 320-380 yuan/ton, and the factory price of 98% of smelting acid in Liaoning is 140-220 yuan/ton; 98% of smelting acid in Heilongjiang is 300-340 yuan/ton; Recently, the transaction atmosphere in the sulfuric acid market has remained relatively good, downstream market demand has been stable, and the export market has remained strong. Enquiries for export orders have increased. Due to the tight supply of sulfuric acid in China, market prices have maintained a slight increase.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 4 was 311.25, an increase of 15.0 from the previous working day, or 5%.

3. Future outlook forecast

Under the strong demand for sulfuric acid, market prices maintained a slight upward trend. Under the expectation that new production capacity in the downstream chemical fiber market will be put into production in the later period, the demand for sulfuric acid may increase again. Under the tight market supply and demand, prices in some areas of sulfuric acid are expected to rise again.