[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 8

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October 8, 2023, 4:58 PM

Analysis of sulfuric acid market price on October 8

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	October 7	October 8	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-260	200-260	0
	Jiangsu area	98% sulfuric acid	350-450	350-450	0
	Zhejiang area	98% sulfuric acid	460-560	460-560	0
	Sichuan region (ex-factory price)	98% sulfuric acid	600-700	570-670	-30/-30
	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	60-250	60-250	0
	Hunan area	98% smelting acid	340-400	280-350	-60/-50
	Jiangxi area	98% smelting acid	240-320	240-320	0
	Henan area	98% smelting acid	80-250	80-250	0
	Hubei area	98% smelting acid	270-350(Factory price)	270-350(Factory price)	0
	Guangxi region	98% smelting acid	400-480(Factory price)	400-480(Factory price)	0
	Yunnan region	98% smelting acid	540-620(Factory price)	470-530(Factory price)	-70/-90
	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	400-630	400-580	0/-50
	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	160-220	160-220	0
	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 stable and moving slightly. As of now, the factory price of 98% of smelted acid in the Yunnan market is 470-530 yuan/ton, and the ex-factory price of 98% smelted acid in Shandong is 60-250 yuan/ton. Recently, the price of sulphuric acid in Shandong has stabilized. Some acid companies actively shipped before the festival, and the transaction price has been lowered. Demand in the downstream market is stable, and sulfuric acid prices remain stable; Sulfuric acid prices in Sichuan have been reduced within a narrow range. Affected by transportation freight prices in Sichuan, sulfuric acid prices have risen to a high level. The downstream phosphate fertilizer and chemical markets have also resisted high-priced sulfuric acid. After the holiday, market transaction prices have dropped slightly; downstream sulfuric acid companies have maintained just need to purchase, and the market has a strong wait-and-see attitude.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 8 was 314.17, down 12.5 from yesterday, or 4%.

3. Future outlook forecast

After the holiday, the sulfuric acid market will wait and see, and the market supply and demand will basically maintain a balanced state. With the completion of the maintenance of the early acid plants, the inventory of some acid plants will increase in the later period, the market supply and demand relationship may change, and sulfuric acid prices may gradually differentiate regionally.