[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 18

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September 18, 2023, 5:21 PM

Analysis of sulfuric acid market price on September 18

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 15	September 18	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	250-300	200-300	-50/0
	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	100-250	-10/0
	Hubei area	98% smelting acid	340-400(Factory price)	340-380(Factory price)	0/-20
	Guangxi region	98% smelting acid	350-430(Factory price)	350-430(Factory price)	0
	Yunnan region	98% smelting acid	550-600(Factory price)	550-610(Factory price)	0/+10
	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	140-270	140-270	0
	Sichuan area (delivery price)	98% smelting acid	420-550	420-620	0/+70
	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	300-380	300-380	0
	Hebei region	98% mineral acid	200-300	180-300	-20/0
	Sichuan region (ex-factory price)	98% mineral acid	600-650	600-650	0

Today, China's sulfuric acid market is stable and moving slightly, and prices in some regions are mixed. As of now, the ex-factory price of 98% of smelted acid in Shandong is 60-280 yuan/ton, and the factory price of 98% of smelted acid in Yunnan is 550-610 yuan/ton; Recently, the downstream market of sulphuric acid has basically remained stable, and enterprises have just needed to purchase, and the overall inventory of acid plants is not high; with the resumption of maintenance of some acid plants in the early stage, the supply of sulfuric acid in some regions is expected to increase, and the wait-and-see attitude of enterprises has increased; The sulfuric acid export market remained stable, some manufacturers had sufficient orders, and sulfuric acid prices had little change in the short term.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 18 was 325.42, an increase of 2.08 or 1%, from the previous working day.

3. Future outlook forecast

In the early stage, individual maintenance companies resumed production, coupled with the release of new production capacity from acid companies in Shandong and other regions, the supply of sulfuric acid in the market will increase in the later stage; the downstream market demand for phosphate fertilizer and titanium dioxide will not change much; in the later stage, acid plants in some areas have maintenance plans, coupled with the approaching holidays, sulfuric acid prices are expected to remain stable.