[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 11

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September 11, 2023, 6:43 PM

Analysis of sulfuric acid market price on September 11

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 8	September 11	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	250-300	250-300	0
	Jiangsu area	98% sulfuric acid	350-450	350-450	0
	Zhejiang area	98% sulfuric acid	430-530	430-530	0
	Sichuan region (ex-factory price)	98% sulfuric acid	500-660	500-660	0
	Hebei region	98% sulfuric acid	220-340	220-340	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)	340-400(Factory price)	-20/-20
	Guangxi region	98% smelting acid	320-400(Factory price)	320-400(Factory price)	0
	Yunnan region	98% smelting acid	490-580(Factory price)	550-600(Factory price)	+60/+20
	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	420-500	420-500	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	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, China's sulfuric acid market is stable and moving slightly. As of now, the factory price of 98% of smelted acid in the Yunnan market is 550-600 yuan/ton, and the ex-factory price of 98% smelted acid in Shandong is 60-280 yuan/ton; The market price of sulphuric acid in Shandong is basically stable. Downstream enterprises in the region continue to need procurement, and the inventory of individual acid factories has increased. The supply-demand relationship of enterprises has not changed much, and prices have stabilized; The downstream demand in Yunnan is good, the inventory of acid plants continues to be low, and the prices of individual companies have increased. At present, sulfuric acid prices are high, market supply and demand are basically balanced, and the sulfuric acid market is operating steadily.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 11 was 315.42, an increase of 1.67 or 1%, from the previous working day.

3. Future outlook forecast

In the early stage, some maintenance companies resumed production, and the starting load of new sulfuric acid production capacity in Shandong and other regions increased, and the supply of sulfuric acid in the market was expected to increase; the downstream phosphate fertilizer and titanium dioxide markets started at a high level, but due to the high price of sulfuric acid, the cost pressure of downstream enterprises was high, and the market remained in need of procurement, and it is expected that sulfuric acid prices will operate stably in the short term.