[Sulfuric acid] Analysis of sulfuric acid market price on October 23

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October 23, 2023, 5:39 PM

Analysis of sulfuric acid market price on October 23

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	October 20	October 23	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	120-260	120-260	0
	Jiangxi area	98% smelting acid	200-300	200-300	0
	Henan area	98% smelting acid	30-190	20-190	-10/0
	Hubei area	98% smelting acid	240-300(Factory price)	230-280(Factory price)	-10/-20
	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, China's sulfuric acid market is generally stable, and prices in some regions have adjusted slightly. As of now, the factory price of 98% of smelting acid in Hubei is 230-280 yuan/ton, and the price of 98% of smelting acid in Henan is 20-190 yuan/ton; Due to the decrease in terminal demand, the start of the phosphate fertilizer market has declined, and the inventory of some acid plants has increased; recently, low sulfuric acid prices in some regions have been continuously adjusted, and the market has a strong wait-and-see attitude, which has put pressure on companies to ship; In addition, the price of sulfuric acid has also declined, cost support has weakened, and the sulfuric acid market will operate weakly and stably in the short term.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 23 was 280.21, down 1.04 from the previous working day.

3. Future outlook forecast

At present, the overall supply of China's sulfuric acid market is sufficient, the demand for downstream phosphate fertilizers has weakened, and terminal demand has been weak. In the later period, the construction of the downstream market may decrease again. The titanium dioxide industry has high cost pressure and is also resistant to high-priced sulfuric acid. In the short term, the sulfuric acid market may still be weak. operation.