[Sulfuric acid] Sulfuric acid market price analysis on May 20

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May 20, 2024, 4:53 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 17	May 20	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	220-340	220-340	0
	Jiangsu area	98% sulfuric acid	200-330	200-330	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	580-680	580-680	0
	Hebei region	98% sulfuric acid	290-400	290-400	0
smelting acid	Anhui area	98% smelting acid	200-240	200-240	0
	Shandong area	98% smelting acid	30-280	30-260	0/-20
	Hunan area	98% smelting acid	220-300	220-320	0/20
	Jiangxi area	98% smelting acid	160-210	160-210	0
	Henan area	98% smelting acid	50-130	50-130	0
	Hubei area	98% smelting acid	180-250(Factory price)	180-250(Factory price)	0
	Guangxi region	98% smelting acid	400-500(Factory price)	400-500(Factory price)	0
	Yunnan region	98% smelting acid	490-580(Factory price)	490-580(Factory price)	0
	Fujian area	98% smelting acid	330-430	330-430	0
	Inner Mongolia region	98% smelting acid	270-450	270-450	0
	Liaoning area	98% smelting acid	260-450	260-450	0
	Sichuan area (delivery price)	98% smelting acid	420-520	400-500	-20/-20
	Guizhou area	98% smelting acid	300-380	300-380	0
	Zhejiang area	98% smelting acid	190-250	190-250	0
	Gansu region	98% smelting acid	220-340	220-340	0
mineral acid	Shandong area	98% mineral acid	130-230	150-230	20/0
	Guangdong area	98% mineral acid	350-400	340-380	-10/-20
	Hebei region	98% mineral acid	250-370	250-370	0
	Sichuan region (ex-factory price)	98% mineral acid	580-680	580-680	0

Today, the price of sulfuric acid in China is mixed. As of now, the price of 98% of smelting acid in Shandong is between 30-260 yuan/ton, and the price of 98% of ore acid is between 150-230 yuan/ton; the price of 98% of smelting acid in Hunan is between 220-320 yuan/ton; Affected by the differentiation of terminal demand, acid companies in some regions have greater shipping pressure and weak demand, and the warehouse prices of manufacturers have been slightly lowered; The main acid plants in Shandong have begun to be overhauled and affected, but downstream companies have some inventories, shipping pressure is high, and prices are weak and downward; China's terminal demand is still weak, production and sales in the sulfuric acid market are unbalanced, and prices are fluctuating.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 20 was 304.62, down 1.54 from the previous working day, a decrease of 1%.

3. Future outlook forecast

This week, Shandong's early maintenance enterprises resumed production, the market started to remain stable, and the supply of sulfuric acid was relatively sufficient; some demand for downstream phosphate fertilizers may pick up, but the titanium dioxide market is weak. In the later stage, enterprises may have plans to reduce production. The supply and demand game in the sulfuric acid market, and the market wait-and-see mood is strong, and prices are expected to fluctuate.