[Sulfuric acid] Analysis of sulfuric acid market price on November 1

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November 1, 2023, 5:29 PM

Analysis of sulfuric acid market price on November 1

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	October 31	November 1	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-260	200-260	0
	Jiangsu area	98% sulfuric acid	350-450	350-400	0/-50
	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	400-460(Factory price)	400-460(Factory price)	0
	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	240-360	+30/+30
	Sichuan area (delivery price)	98% smelting acid	280-450	280-450	0
	Guizhou area	98% smelting acid	300-380	300-380	0
	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, China's sulfuric acid market is divided. As of now, the price of 98% ore acid in Guangdong is referenced to 280-330 yuan/ton, and the price of 98% smelting acid in Liaoning is 240-360 yuan/ton. Recently, sulfuric acid prices in some regions have maintained a downward trend, and the market transaction atmosphere has been deserted, and companies have continued to need to purchase. In addition, due to the reduction in the price of raw material pyrites, the cost pressure on acid plants in some regions has eased, and the price of new sulfuric acid orders has been reduced slightly; There are also some areas in the market where downstream phosphate fertilizer demand remains stable, companies have shipped smoothly, inventories are low, the price of new orders has increased within a narrow range, and the market price of sulfuric acid has been regionalized.

2. Analysis of sulfuric acid price index

According to Tdd-global data, the sulfuric acid market price index on November 1 was 272.67, an increase of 2.5 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.