[Sulfuric acid] Sulfuric acid market price analysis on October 16

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October 16, 2023, 5:39 PM

Analysis of sulfuric acid market price on October 16

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	October 13	October 16	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	500-550	500-550	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	60-250	60-200	0/-50
	Hunan area	98% smelting acid	280-350	280-350	0
	Jiangxi area	98% smelting acid	200-300	200-300	0
	Henan area	98% smelting acid	50-190	50-190	0
	Hubei area	98% smelting acid	270-350(Factory price)	270-350(Factory price)	0
	Guangxi region	98% smelting acid	430-500(Factory price)	430-500(Factory price)	0
	Yunnan region	98% smelting acid	300-430(Factory price)	300-360(Factory price)	0/-70
	Fujian area	98% smelting acid	270-390	270-390	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	350-500	350-430	0/-70
	Guizhou area	98% smelting acid	400-500	400-500	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	500-600	500-600	0

Today, prices in some regions of China's sulfuric acid market are still falling. As of now, the ex-factory price of 98% of smelted acid in Shandong is 60-200 yuan/ton, and the delivery price of 98% of smelted acid in Sichuan is 350-430 yuan/ton; In Shandong, due to the restoration of preliminary maintenance equipment and the release of new production capacity, the supply-demand relationship of sulphuric acid in the region has been adjusted, the receiving speed of downstream companies has slowed down, and the transaction prices of some acid factories have been slightly adjusted; Recently, the demand for downstream phosphate fertilizers has weakened, the shipping pressure of acid plants in some regions has increased, and the transaction price of sulfuric acid market has been single.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 16 was 284.58, down 7.92 from the previous working day, or 3%.

3. Future outlook forecast

The downstream phosphate fertilizer market is gradually entering the off-season, while the supply in some areas of the sulfuric acid market is expected to increase. In the later period, the market supply and demand relationship may be unbalanced. It is expected that the sulfuric acid market as a whole will be weak in the short term, and prices in some areas may be lowered again.