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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on August 14

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August 14, 2023, 5:33 PM

Analysis of sulfuric acid market price on August 14

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

August 11

August 14

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

150-200

200-280

+50/+80

Jiangsu area

98% sulfuric acid

200-260

230-300

+30/+40

Zhejiang area

98% sulfuric acid

250-350

250-350

0

Sichuan region (ex-factory price)

98% sulfuric acid

430-530

430-530

0

Hebei region

98% sulfuric acid

150-300

180-300

+30/0

smelting acid

Anhui area

98% smelting acid

140-190

140-190

0

Shandong area

98% smelting acid

1-180

1-280

0/+100

Hunan area

98% smelting acid

200-240

200-240

0

Jiangxi area

98% smelting acid

90-180

90-180

0

Henan area

98% smelting acid

50-130

50-180

0/+50

Hubei area

98% smelting acid

260-320(Factory price)

260-350(Factory price)

0/+30

Guangxi region

98% smelting acid

150-230(Factory price)

150-230(Factory price)

0

Yunnan region

98% smelting acid

290-340(Factory price)

290-340(Factory price)

0

Fujian area

98% smelting acid

210-330

210-330

0

Inner Mongolia region

98% smelting acid

30-220

30-220

0

Liaoning area

98% smelting acid

40-120

40-120

0

Sichuan area (delivery price)

98% smelting acid

310-370

310-370

0

Guizhou area

98% smelting acid

200-280

200-280

0

Zhejiang area

98% smelting acid

230-300

230-300

0

Gansu region

98% smelting acid

90-130

90-130

0

mineral acid

Shandong area

98% mineral acid

80-150

80-150

0

Guangdong area

98% mineral acid

150-200

150-200

0

Hebei region

98% mineral acid

80-250

100-250

+20/0

Sichuan region (ex-factory price)

98% mineral acid

400-500

400-500

0

Today, the price of sulfuric acid in China has been raised again. As of now, the ex-factory transaction price of 98% of smelted acid in Henan is between 50-180 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is between 1-280 yuan/ton. Recently, the downstream phosphate fertilizer market demand is relatively strong, and acid companies have smooth shipments. Manufacturers in some regions have again maintenance plans. Under the expectation of shrinking supply, the price of new orders in the market has increased slightly; At present, there is a large price difference between sulfuric acid prices and high levels in Shandong. Some companies in the region are weak in terms of new orders, and market transaction prices are often negotiated. It is expected that the overall sulfuric acid market will operate stably in the short term.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 14 was 207.13, an increase of 7.5 or 4%, from the previous working day.

 


3. Future outlook forecast

This week, some acid plant units in Hunan and Shandong are expected to resume production, but there are still acid plant storage and maintenance plans in Henan and Guangdong, and the overall market start-up is expected to fluctuate little; demand in the downstream market is strong, acid plant inventories are low, and demand in the sulfuric acid market is gradually emerging. Affected by supply, sulfuric acid prices are expected to have upward expectations in the later period.