[Sulfuric acid] Sulfuric acid market price analysis on October 20

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October 20, 2023, 6:46 PM

Analysis of sulfuric acid market price on October 20

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	October 19	October 20	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	480-580	480-580	0
	Sichuan region (ex-factory price)	98% sulfuric acid	460-550	460-550	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	60-200	60-200	0
	Hunan area	98% smelting acid	280-350	120-260	-160/-90
	Jiangxi area	98% smelting acid	200-300	200-300	0
	Henan area	98% smelting acid	30-190	30-190	0
	Hubei area	98% smelting acid	240-300(Factory price)	240-300(Factory price)	0
	Guangxi region	98% smelting acid	430-500(Factory price)	430-500(Factory price)	0
	Yunnan region	98% smelting acid	300-360(Factory price)	300-360(Factory price)	0
	Fujian area	98% smelting acid	270-390	270-390	0
	Inner Mongolia region	98% smelting acid	200-320	200-320	0
	Liaoning area	98% smelting acid	210-330	210-330	0
	Sichuan area (delivery price)	98% smelting acid	320-430	320-430	0
	Guizhou area	98% smelting acid	350-450	350-450	0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	180-290	180-290	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	480-580	480-580	0

Today, the price of sulfuric acid in China has stabilized and fluctuated slightly. As of now, the mainstream ex-factory price of 98% of smelting acid in Hunan is 120-260 yuan/ton, and the price of 98% of smelting acid in Jiangxi is 200-300 yuan/ton. Recently, acid plants in some regions have been overhauled, and the market supply has decreased slightly; Demand for the downstream phosphate fertilizer and titanium dioxide industries remained stable. Due to the increased demand from the caprolactam industry, shipments from some acid factories were smooth, market prices were also more firm, and the sulfuric acid market was mainly on the sidelines.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 20 was 281.25, down 4.17 from yesterday, or 1%.

3. Future outlook forecast

At present, the overall supply of China's sulfuric acid market is sufficient, and acid plants in some regions are undergoing maintenance; the downstream phosphate fertilizer market will gradually enter the off-season in the later period, and market demand may decrease. In the short term, supply and demand in the sulfuric acid market will be basically balanced, and prices will temporarily operate stably.