[Sulfuric acid] Analysis of sulfuric acid market price on November 7

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November 7, 2023, 8:52 PM

Analysis of sulfuric acid market price on November 7

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	November 6	November 7	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	180-300	180-300	0
smelting acid	Anhui area	98% smelting acid	160-210	160-210	0
	Shandong area	98% smelting acid	60-160	80-180	+20/+20
	Hunan area	98% smelting acid	200-280	200-280	0
	Jiangxi area	98% smelting acid	180-230	100-150	-80/-80
	Henan area	98% smelting acid	20-150	20-150	0
	Hubei area	98% smelting acid	240-260(Factory price)	240-260(Factory price)	0
	Guangxi region	98% smelting acid	430-500(Factory price)	430-500(Factory price)	0
	Yunnan region	98% smelting acid	400-480(Factory price)	430-490(Factory price)	+30/+10
	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	280-350	-20/-30
	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	170-220	170-220	0
	Guangdong area	98% mineral acid	300-360	250-330	-50/-30
	Hebei region	98% mineral acid	160-250	160-250	0
	Sichuan region (ex-factory price)	98% mineral acid	450-550	450-550	0

Today, China's sulfuric acid market is mixed. As of now, the factory price of 98% of smelted acid in the Yunnan market is 430-490 yuan/ton, and the factory price of 98% of smelted acid in Shandong is 80-180 yuan/ton; Recently, the sulphuric acid market in Yunnan has continued to improve, manufacturers 'inventories are low, and the price of new orders is rising within a narrow range. Coupled with the storage and maintenance plans of some acid factories in the region, supply will continue to be tight in the short term and prices will increase steadily; Sulfuric acid prices have also increased recently in Shandong. Demand in the chemical fertilizer market has picked up and the chemical industry is in need of support. Enterprises 'shipments are in good condition. In the short term, the sulfuric acid market has been affected by tight supply in some regions, and prices have increased. However, shipments from acid factories in various departments There is still some pressure, with the price of new orders mainly declining, and the sulfuric acid market is divided.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on November 7 was 278.85, an increase of 6.35 from yesterday, or 2%.

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.