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[Sulfuric acid] Analysis of sulfuric acid market price on November 6

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November 6, 2023, 5:37 PM

Analysis of sulfuric acid market price on November 6

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

November 3

November 6

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

200-260

200-260

0

Jiangsu area

98% sulfuric acid

300-400

300-400

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

460-550

460-550

0

Hebei region

98% sulfuric acid

220-300

180-300

-40/0

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

10-180

20-150

+10/-30

Hubei area

98% smelting acid

230-260(Factory price)

240-260(Factory price)

+10/0

Guangxi region

98% smelting acid

430-500(Factory price)

430-500(Factory price)

0

Yunnan region

98% smelting acid

400-480(Factory price)

400-480(Factory price)

0

Fujian area

98% smelting acid

220-340

220-340

0

Inner Mongolia region

98% smelting acid

200-340

200-340

0

Liaoning area

98% smelting acid

240-370

240-370

0

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

170-220

+20/0

Guangdong area

98% mineral acid

300-360

300-360

0

Hebei region

98% mineral acid

180-300

160-250

-20/-50

Sichuan region (ex-factory price)

98% mineral acid

450-550

450-550

0

Today, the prices of individual regions in China's sulfuric acid market are differentiated. As of now, 98% of the ore acid price in Shandong is between 170-220 yuan/ton, 98% of the factory price of smelting acid is between 60-160 yuan/ton, and 98% of the factory transaction price of smelting acid in Henan is between 20-150 yuan/ton; recently, the shipment of enterprises in Shandong has been smooth, and some acid factories have removed more stocks. Today, the price of new sulfuric acid orders has been increased; Affected by the recovery in demand for chemical fertilizers in Henan, Hubei and other regions, companies shipped more, and sulfuric acid prices rebounded upward. At present, the price trend of the sulfuric acid market is divided, with low prices in some regions rebound upward, and the sulfuric acid market may pick up.

 

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on November 6 was 272.5, down 1 from the previous working day, or 0%.

 

 

3. Future outlook forecast

This week, the storage and maintenance plan of the main acid plants in Guangxi, coupled with the decrease in supply in Shandong last week, the sulfuric acid market is currently expected to shrink supply, and downstream phosphate fertilizer demand has picked up. Shipments from some acid plants have been relatively smooth, and the market supply and demand relationship has improved., sulfuric acid prices have rebounded upward at a low level; however, demand in the chemical industry is still relatively sluggish. It is expected that the sulfuric acid market will diverge in the short term, and market prices will be mixed.