[Sulfuric acid] Sulfuric acid market price analysis on December 1

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December 1, 2023, 5:21 PM

Analysis of sulfuric acid market price on December 1

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	November 30	December 1	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	230-300	230-300	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	460-570	460-570	0
	Hebei region	98% sulfuric acid	180-300	180-300	0
smelting acid	Anhui area	98% smelting acid	190-240	230-280	+40/+40
	Shandong area	98% smelting acid	80-200	80-200	0
	Hunan area	98% smelting acid	240-320	240-320	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	270-350(Factory price)	270-350(Factory price)	0
	Guangxi region	98% smelting acid	360-450(Factory price)	360-450(Factory price)	0
	Yunnan region	98% smelting acid	450-510(Factory price)	450-510(Factory price)	0
	Fujian area	98% smelting acid	170-320	170-320	0
	Inner Mongolia region	98% smelting acid	200-370	200-400	0/+30
	Liaoning area	98% smelting acid	240-370	290-400	+50/+30
	Sichuan area (delivery price)	98% smelting acid	350-480	350-480	0
	Guizhou area	98% smelting acid	280-350	280-350	0
	Zhejiang area	98% smelting acid	310-370	310-370	0
	Gansu region	98% smelting acid	180-290	180-290	0
mineral acid	Shandong area	98% mineral acid	180-230	180-230	0
	Guangdong area	98% mineral acid	200-260	200-260	0
	Hebei region	98% mineral acid	160-250	160-250	0
	Sichuan region (ex-factory price)	98% mineral acid	430-550	430-550	0

Today, China's sulfuric acid market is divided and operating. As of now, the ex-factory price of 98% of smelting acid in Liaoning is 290-400 yuan/ton, and the price of 98% of smelting acid in Inner Mongolia is 200-400 yuan/ton. Recently, the demand for downstream fertilizers in sulfuric acid has continued to be strong. Demand for winter storage fertilizers remains high. Coupled with the production of acid plants in some regions, the market spot supply is tight. Recently, acid prices in some regions have increased successively. Due to the high competitive pressure in different sulfuric acid markets in some regions in the north, some companies have lowered their prices; recently, sulfuric acid prices have shown an overall upward trend, and downstream chemical fertilizer and titanium dioxide companies have high cost pressure and are resistant to high-priced sulfuric acid.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on December 1 was 300, up 6.15 or 2%, from yesterday.

3. Future outlook forecast

With the upgrading of acid plant equipment in some regions of China, market supply is expected to increase; downstream market demand remains at 0. Under the low inventory of acid plants, the price of new sulfuric acid orders in some regions in the south has increased within a narrow range. The supply and demand of sulfuric acid in the northern region are basically balanced, and prices are basically stable. Stabilized, acid prices in some regions will rise again in the short term.