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Analysis of sulfuric acid market price on May 16

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May 16, 2023, 5:26 PM

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on May 15

May 16

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

150-200

150-200

0

Jiangsu area

98% sulfuric acid

100-230

100-230

0

Zhejiang area

98% sulfuric acid

200-300

200-300

0

Sichuan area

98% sulfuric acid

250-450

250-450

0

Hebei region

98% sulfuric acid

200-260

200-260

0

smelting acid

Anhui area

98% smelting acid

20-80

20-80

0

Shandong area

98% smelting acid

50-120

50-120

0

Hunan area

98% smelting acid

50-160

50-160

0

Jiangxi area

98% smelting acid

50-120

50-120

0

Henan area

98% smelting acid

1-50

1-50

0

Hubei area

98% smelting acid

10-130(Factory price)

10-130(Factory price)

0

Guangxi region

98% smelting acid

160-260(Factory price)

160-260(Factory price)

0

Yunnan region

98% smelting acid

230-280(Factory price)

230-280(Factory price)

0

Fujian area

98% smelting acid

50-200

50-200

0

Inner Mongolia region

98% smelting acid

100-160

100-160

0

Liaoning area

98% smelting acid

100-240

100-240

0

Sichuan area

98% smelting acid

50-200

50-200

0

Guizhou area

98% smelting acid

150-200

150-200

0

Zhejiang area

98% smelting acid

100-200

100-200

0

Gansu region

98% smelting acid

10-80

10-80

0

mineral acid

Shandong area

98% mineral acid

110-140

110-140

0

Guangdong area

98% mineral acid

120-220

120-220

0

Hebei region

98% mineral acid

160-220

160-220

0

Sichuan area

98% mineral acid

300-450

300-450

0

China's sulfuric acid market has stopped falling and stabilized. As of now, the price of 98% of sulfuric acid in Hebei is between 200-260 yuan/ton, and the price of 98% of ore acid is between 160-220 yuan/ton. Recently, the decline in the sulfuric acid market has slowed down, and prices in some areas have fallen to low levels. Enterprise cost pressure is high, and market quotations remain firm; The sulfuric acid market started stably, downstream demand remained average, the market maintained on-demand procurement, and the contradiction between supply and demand gradually emerged. However, due to high raw material prices, sulfuric acid prices remained stable.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 16 was 125.25, which was the same as yesterday.

 

 

3. Future outlook forecast

Some acid plants in Yunnan are planning to overhaul their units. Mining acid and sulfonic acid are expected to start operating under cost pressure. Market supply is shrinking, but downstream market demand continues to be weak and demand for sulfuric acid is insufficient. Recently, sulfuric acid prices have continued to fall, and prices in some regions have fallen. Low, downstream procurement enthusiasm is low, acid companies have high inventories, and the sulfuric acid market remains weak and stable.