[Sulfuric acid] Sulfuric acid market price analysis on December 12

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December 12, 2023, 5:37 PM

Analysis of sulfuric acid market price on December 12

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	December 11	of 12 December	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	180-280	180-280	0
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)	350-450(Factory price)	-10/0
	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	380-500	380-500	0
	Guizhou area	98% smelting acid	250-350	250-350	0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	210-320	210-320	0
mineral acid	Shandong area	98% mineral acid	180-210	200-230	+20/+20
	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 operating steadily. As of now, the price of 98% of smelting acid in Guangxi is 350-450 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 300-350 yuan/ton. The market demand for phosphate fertilizers downstream of sulfuric acid is basically stable. Due to the good order receiving in the early stage, the recent market transaction atmosphere is light, and companies mainly deliver early orders in hand; The inventory of acid factories is low, but the enthusiasm for market procurement has not increased yet. The market has a strong wait-and-see attitude. The supply and demand of sulfuric acid in some areas are basically balanced, and market prices are operating stably.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on December 12 was 308.46, down 0.38 from yesterday.

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.