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Analysis of sulfuric acid market price on June 16

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June 16, 2023, 5:06 PM

Analysis of sulfuric acid market price on June 16

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

June 15

on June 16

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

150-200

150-200

0

Jiangsu area

98% sulfuric acid

120-200

120-200

0

Zhejiang area

98% sulfuric acid

200-300

200-300

0

Sichuan area

98% sulfuric acid

350-450

350-450

0

Hebei region

98% sulfuric acid

180-260

180-260

0

smelting acid

Anhui area

98% smelting acid

20-80

20-80

0

Shandong area

98% smelting acid

30-110

30-110

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

100-150(Factory price)

100-150(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

10-100

10-100

0

Liaoning area

98% smelting acid

80-160

80-160

0

Sichuan area

98% smelting acid

100-200

100-200

0

Guizhou area

98% smelting acid

150-200

150-200

0

Zhejiang area

98% smelting acid

50-150

50-150

0

Gansu region

98% smelting acid

1-10

1-10

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

20-200

20-200

0

Sichuan area

98% mineral acid

300-450

300-450

0

Today, the price of sulfuric acid in China continues to be stable. As of now, the factory price of 98% of ore acid in Guangdong is between 120-220 yuan/ton, and the factory price of 98% of smelting acid in Gansu is between 1-10 yuan/ton. During the Dragon Boat Festival holiday in Guangdong, there will be transportation restrictions, and some acid factories have recently been conducting discount promotions in order to reduce inventories. Most purchases in the terminal downstream market are just needed, with small on-site transaction volume, and there is no good news in the market. The main acid plants in Gansu have carried out equipment maintenance, which has provided certain support to the market. However, the inventory in the early stage has been serious, the demand side equipment has been started at a low level, and the market has a negative atmosphere. It is expected that the sulfuric acid market will operate in a weak position in the short term.

 

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on June 16 was 111.79, which was the same as yesterday.

 

 

 

3. Future outlook forecast

The maintenance of acid plants in Chifeng, Henan and other regions in Inner Mongolia has resumed one after another, and the market supply has increased slightly; downstream chemical fertilizers and titanium dioxide are in the off-season, and start-up continues to be low, and most of the company's purchases on the market remain in demand. Supply in the sulfuric acid market currently exceeds demand, and sulfuric acid prices are expected to remain stable in the short term.