[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 5

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September 5, 2023, 4:51 PM

Analysis of sulfuric acid market price on September 5

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 4	September 5	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	500-660	500-660	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	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	320-380(Factory price)	320-380(Factory price)	0
	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	400-480	400-480	0
	Guizhou area	98% smelting acid	350-420	400-500	+50/+8
	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	210-290	210-290	0
	Guangdong area	98% mineral acid	250-330	250-330	0
	Hebei region	98% mineral acid	200-300	200-300	0
	Sichuan region (ex-factory price)	98% mineral acid	500-600	500-600	0

Today, the price of sulfuric acid in China is stable. As of now, the factory price of 98% of smelted acid in the Yunnan market is 490-540 yuan/ton, and the factory price of 98% of smelted acid in Hubei is 360-420 yuan/ton; Downstream demand remains strong, the inventories of sulphuric acid manufacturers remain low, and the supply of manufacturers is tight. Companies have any intention to increase again, and the market price has increased slightly; However, the current price of sulfuric acid continues to reach a high level, and the cost pressure of some downstream industries is also under pressure. There is a slight resistance to high-priced sulfuric acid, and the market is also waiting and seeing to maintain just need to purchase.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 5 was 311.25, which was the same as yesterday.

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 supply and demand in the market, prices in some areas of sulfuric acid are expected to rise again. The market as a whole is expected to maintain smooth operation.