[Sulfuric acid] Sulfuric acid market price analysis on October 31

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October 31, 2023, 5:21 PM

Analysis of sulfuric acid market price on October 31

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	October 30	October 31	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	160-210	160-210	0
	Shandong area	98% smelting acid	60-160	60-160	0
	Hunan area	98% smelting acid	200-280	200-280	0
	Jiangxi area	98% smelting acid	180-230	180-230	0
	Henan area	98% smelting acid	20-180	20-180	0
	Hubei area	98% smelting acid	230-260(Factory price)	230-260(Factory price)	0
	Guangxi region	98% smelting acid	430-500(Factory price)	430-500(Factory price)	0
	Yunnan region	98% smelting acid	360-420(Factory price)	400-460(Factory price)	+40/+40
	Fujian area	98% smelting acid	220-340	220-340	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	320-450	280-450	-40/0
	Guizhou area	98% smelting acid	350-400	300-380	-50/-20
	Zhejiang area	98% smelting acid	280-340	280-340	0
	Gansu region	98% smelting acid	180-290	180-290	0
mineral acid	Shandong area	98% mineral acid	150-220	150-220	0
	Guangdong area	98% mineral acid	300-360	300-360	0
	Hebei region	98% mineral acid	180-300	180-300	0
	Sichuan region (ex-factory price)	98% mineral acid	450-550	450-550	0

Today, prices in individual regions of China's sulfuric acid market have been adjusted within a narrow range. As of now, the price of 98% of smelting acid in Yunnan is between 400-460 yuan/ton, and the price of 98% of smelting acid in Sichuan is between 280-450 yuan/ton; Acid factories in Yunnan have maintenance plans in November, coupled with the low price, downstream procurement has increased, acid factory inventories are low, and new order prices have rebounded; Due to the rise in acid prices in Yunnan, acid prices in Panzhihua and other regions have maintained a rising trend. However, the supply of sulfuric acid in Deyang and Chengdu is relatively sufficient. Recently, acid prices in Sichuan have been adjusted, and high and low price differences have been differentiated. Sulfuric acid prices have generally remained stable, and prices in some regions have been narrow. Adjustment, the market has not changed much.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 31 was 270.17, an increase of 1.67 from yesterday, or 1%.

3. Future outlook forecast

This week, individual acid plants in Shandong began to be overhauled, and the main acid plants in Yunnan re-established maintenance plans. The overall construction in other regions was high, and the supply of sulfuric acid was still sufficient; demand in the phosphate fertilizer and chemical industries in the downstream market was weak, and the supply-demand relationship in the sulfuric acid market was still unbalanced. However, supply in some regions was tight, and market prices may show a differentiated trend.