[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 19

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September 19, 2023, 4:55 PM

Analysis of sulfuric acid market price on September 19

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 18	on September 19	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-300	200-300	0
	Jiangsu area	98% sulfuric acid	350-450	350-450	0
	Zhejiang area	98% sulfuric acid	430-530	460-560	-30/-30
	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	100-250	100-250	0
	Hubei area	98% smelting acid	340-380(Factory price)	320-380(Factory price)	-20/0
	Guangxi region	98% smelting acid	350-430(Factory price)	350-430(Factory price)	0
	Yunnan region	98% smelting acid	550-610(Factory price)	580-620(Factory price)	+30/+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	420-620	420-630	0/+10
	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	160-240	-30/-10
	Guangdong area	98% mineral acid	300-380	300-380	0
	Hebei region	98% mineral acid	180-300	180-300	0
	Sichuan region (ex-factory price)	98% mineral acid	600-650	600-650	0

Today, China's sulfuric acid market is divided. As of now, the factory price of 98% of smelting acid in Yunnan is 580-630 yuan/ton, and the factory price of 98% of smelting acid in Shandong is 60-280 yuan/ton. Demand for sulfuric acid in downstream markets in Yunnan, Sichuan and other regions remains stable, coupled with the impact of low manufacturers 'inventories and tight transportation, the price of new sulfuric acid orders has increased; The transaction atmosphere in the sulfuric acid market in the northern region has weakened. Due to increased supply expectations and the gradual closure of the fertilizer industry, demand for sulfuric acid is limited and market transaction prices are weak. At present, the sulfuric acid market is fluctuating within a narrow range, and companies have a strong wait-and-see attitude.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 19 was 327.08, an increase of 1.67 or 1%, from yesterday.

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.