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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on August 1

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August 1, 2023, 5:35 PM

Analysis of sulfuric acid market price on August 1

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

July 31

August 1

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

100-200

100-200

0

Jiangsu area

98% sulfuric acid

110-210

110-210

0

Zhejiang area

98% sulfuric acid

200-300

200-300

0

Sichuan region (ex-factory price)

98% sulfuric acid

400-530

400-530

0

Hebei region

98% sulfuric acid

150-250

150-250

0

smelting acid

Anhui area

98% smelting acid

60-100

60-100

0

Shandong area

98% smelting acid

1-70

1-70

0

Hunan area

98% smelting acid

80-180

150-200

+70/+20

Jiangxi area

98% smelting acid

60-130

60-130

0

Henan area

98% smelting acid

30-80

30-80

0

Hubei area

98% smelting acid

120-230(Factory price)

180-250(Factory price)

+60/+20

Guangxi region

98% smelting acid

150-230(Factory price)

150-230(Factory price)

0

Yunnan region

98% smelting acid

230-280(Factory price)

250-310(Factory price)

+20/+30

Fujian area

98% smelting acid

130-300

130-300

0

Inner Mongolia region

98% smelting acid

20-160

30-160

+10/0

Liaoning area

98% smelting acid

40-120

40-120

0

Sichuan area (delivery price)

98% smelting acid

230-350

230-350

0

Guizhou area

98% smelting acid

180-220

180-220

0

Zhejiang area

98% smelting acid

100-200

100-200

0

Gansu region

98% smelting acid

60-100

60-100

0

mineral acid

Shandong area

98% mineral acid

50-100

50-100

0

Guangdong area

98% mineral acid

100-200

100-200

0

Hebei region

98% mineral acid

50-200

50-200

0

Sichuan region (ex-factory price)

98% mineral acid

400-500

400-500

0

Today, prices in some regions of China's sulfuric acid market have increased. As of now, the factory price of 98% of smelted acid in the Yunnan market is 250-310 yuan/ton, and the factory price of 98% of smelted acid in Hubei is 180-250 yuan/ton; The overall demand in the sulfuric acid market remains good. Coupled with the low inventory of major acid factories in many regions, the price of new sulfuric acid orders continues to increase slightly; Recently, the spot price of sulfur has continued to rise. Companies have mostly extracted the price of smelted acid abroad. The signing of new orders from acid plants is good, and the sulfuric acid market is operating strongly.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 1 was 149.21, up 9.17 from yesterday, or 7%.

 

3. Future outlook forecast

Recently, the operating rate of the phosphate fertilizer industry in some regions has continued to increase, and shipments of sulfuric acid companies have improved compared with the previous period. Coupled with the high price of sulfuric acid, downstream companies purchased smelting acid, and the inventory of acid plants has remained low. As the price of sulfuric acid in the early period fell to a low level, many markets have made up for the increase in many regions, and the market transaction atmosphere has warmed up. It is expected that the sulfuric acid market will continue to operate well in the short term.