[Sulfuric acid] Market price analysis of sulfuric acid on November 10

92,778

November 10, 2023, 6:12 PM

Analysis of sulfuric acid market price on November 10

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	November 9	November 10	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	80-180	80-180	0
	Hunan area	98% smelting acid	200-280	200-280	0
	Jiangxi area	98% smelting acid	100-150	100-150	0
	Henan area	98% smelting acid	50-150	50-150	0
	Hubei area	98% smelting acid	260-280(Factory price)	260-280(Factory price)	0
	Guangxi region	98% smelting acid	400-500(Factory price)	400-500(Factory price)	0
	Yunnan region	98% smelting acid	430-490(Factory price)	430-490(Factory price)	0
	Fujian area	98% smelting acid	140-260	140-260	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	280-350	280-350	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	180-220	180-220	0
	Guangdong area	98% mineral acid	250-330	250-330	0
	Hebei region	98% mineral acid	160-250	160-250	0
	Sichuan region (ex-factory price)	98% mineral acid	450-550	450-550	0

Today, the market price of sulfuric acid in China remains stable. As of now, the factory price of 98% of smelted acid in Hubei is 260-280 yuan/ton, and the factory price of smelted acid in Zhejiang is 280-340 yuan/ton. This week, the equipment of enterprises undergoing maintenance in the early stage of the week resumed production. With the increase in supply expectations, downstream demand has not increased yet. The shipment situation of acid companies is average, and there is a contradiction between supply and demand in the market; Hubei and other regions have increased their purchases of sulfuric acid due to the increase in downstream phosphate fertilizer market prices. However, due to the increase in supply from major acid factories and the spread of news that chemical fertilizer exports have been restricted, the sulfuric acid market prices have temporarily stabilized.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on November 10 was 274.23, which was the same as yesterday.

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.