[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 15

85,825

September 15, 2023, 5:30 PM

Analysis of sulfuric acid market price on September 15

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 14	September 15	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	600-700	600-700	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	110-250	110-250	0
	Hubei area	98% smelting acid	340-400(Factory price)	340-400(Factory price)	0
	Guangxi region	98% smelting acid	350-430(Factory price)	350-430(Factory price)	0
	Yunnan region	98% smelting acid	550-600(Factory price)	550-600(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	140-270	0/+50
	Sichuan area (delivery price)	98% smelting acid	420-550	420-550	0
	Guizhou area	98% smelting acid	450-500	450-500	0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	180-240	180-240	0
mineral acid	Shandong area	98% mineral acid	190-250	190-250	0
	Guangdong area	98% mineral acid	250-330	300-380	+50/+5
	Hebei region	98% mineral acid	200-300	200-300	0
	Sichuan region (ex-factory price)	98% mineral acid	600-650	600-650	0

Today, the price of sulfuric acid in China is high and stable. As of now, the ex-factory price of 98% of sulfuric acid in Hebei is 220-340 yuan/ton; the ex-factory price of 98% of ore acid is 200-300 yuan/ton; and the ex-factory price of 98% of smelting acid in Zhejiang is 350-410 yuan/ton; Affected by activities, Jiangsu and Zhejiang regions in East China have limited cargo transportation in some areas. Downstream companies tend to stock up in advance. Acid companies postpone maintenance in the early stage of storage and maintenance plans. Enterprises mainly deliver goods first, and sulfuric acid prices remain stable; Acid prices in Hebei have weakened due to the surrounding atmosphere. Affected by the weakening, downstream companies just need to purchase. The supply and demand of the sulfuric acid market in the region are stable, and acid price fluctuations are relatively limited. However, the mentality of enterprises has weakened, and sulfuric acid prices are expected to temporarily stabilize in the short term.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 15 was 323.33, an increase of 2.08 or 1%, from yesterday.

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.