[Sulfuric acid] Sulfuric acid market price analysis on December 11

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December 11, 2023, 5:24 PM

Analysis of sulfuric acid market price on December 11

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	December 8	December 11	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	210-300	210-300	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	180-280	0/-20
smelting acid	Anhui area	98% smelting acid	230-280	230-280	0
	Shandong area	98% smelting acid	60-200	60-200	0
	Hunan area	98% smelting acid	260-340	260-340	0
	Jiangxi area	98% smelting acid	180-250	180-250	0
	Henan area	98% smelting acid	70-150	70-150	0
	Hubei area	98% smelting acid	300-350(Factory price)	300-350(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	200-400	200-400	0
	Liaoning area	98% smelting acid	290-400	290-400	0
	Sichuan area (delivery price)	98% smelting acid	350-480	380-500	+30/+20
	Guizhou area	98% smelting acid	280-350	250-350	-30/0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	180-290	210-320	+30/+30
mineral acid	Shandong area	98% mineral acid	180-210	180-210	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 mixed. As of now, the price of 98% smelting acid in Sichuan is 380-500 yuan/ton, and the price of 98% smelting acid in Guizhou is 250-350 yuan/ton. Recently, the supply of sulfuric acid in Sichuan is still tight, and the maintenance acid plants in surrounding Yunnan have not yet been restored, and the price of sulfuric acid delivery in Panzhihua has increased slightly; Acid prices in Shandong have temporarily stabilized. With the increase in supply from acid factories in the region, downstream companies are more waiting and seeing. The shipping pressure in the market may increase in the later period. The sulfuric acid market is polarized and prices are stable.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on December 11 was 308.85, an increase of 3.08 or 1%, from the previous working day.

3. Future outlook forecast

The acid plant under maintenance in the early stage resumed production, the supply of sulfuric acid market increased, the demand in the downstream phosphate fertilizer market remained strong, the demand in the chemical industry was stable, and the overall supply and demand in the sulfuric acid market remained in a tight balance. However, as the market adds new production capacity to the market, the market supply shortage will be alleviated in the later period, and the price of sulfuric acid will remain stable in the short term, and the market will have a strong wait-and-see attitude.