Analysis of sulfuric acid market price on May 19
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May 22, 2023, 4:24 PM Analysis of sulfuric acid market price on May 19
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
May 18 |
May 19 |
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 |
250-400 |
0/-50 |
|
|
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) |
10-150(Factory price) |
0/+20 |
|
|
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 |
Today, some areas in China's soda ash market have picked up. As of now, the factory price of 98% of smelting acid in Guangxi is 160-260 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 10-150 yuan/ton; The downstream titanium dioxide market in Guangxi is under-staffed, the demand for sulfuric acid in the region has shrunk, and the supply of sulfuric acid has become excessive. Enterprises continue to need procurement; the export market has also weakened, and some acid factories subsidize freight sales; Smelting acid prices in Hubei today rose by 20 yuan/ton, mainly due to the low inventory of manufacturers and the fact that some manufacturers still have early orders. The rise in acid prices today has boosted the confidence of acid companies. It is expected that the sulfuric acid market in some regions will operate steadily in the later period.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on May 19 was 126.08, an increase of 0.83 or 1%, from yesterday.
3. Future outlook forecast
Some acid plants in Yunnan are planning equipment maintenance, and expectations are also lowered to start operating mineral acid and sulfonic acid under cost pressure. Market supply has shrunk. However, 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 dropped to low. Although downstream procurement enthusiasm has not increased significantly, due to the impact of cost prices, the price of sulfuric acid has dropped limited, and the market has maintained a weak and stable operation.
