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[Sulfuric acid] Analysis of sulfuric acid market price on August 21

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August 21, 2023, 4:57 PM

Analysis of sulfuric acid market price on August 21

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on August 18

August 21

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

200-280

200-280

0

Jiangsu area

98% sulfuric acid

230-300

230-350

0/+50

Zhejiang area

98% sulfuric acid

320-400

320-400

0

Sichuan region (ex-factory price)

98% sulfuric acid

430-550

430-550

0

Hebei region

98% sulfuric acid

180-300

180-300

0

smelting acid

Anhui area

98% smelting acid

190-240

190-240

0

Shandong area

98% smelting acid

1-280

1-280

0

Hunan area

98% smelting acid

220-260

220-260

0

Jiangxi area

98% smelting acid

140-220

140-220

0

Henan area

98% smelting acid

50-180

80-230

+30/+50

Hubei area

98% smelting acid

320-380(Factory price)

320-380(Factory price)

0

Guangxi region

98% smelting acid

180-250(Factory price)

210-280(Factory price)

+30/+30

Yunnan region

98% smelting acid

320-370(Factory price)

350-400(Factory price)

+30/+30

Fujian area

98% smelting acid

240-360

240-360

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

250-300

250-300

0

Zhejiang area

98% smelting acid

290-360

290-360

0

Gansu region

98% smelting acid

90-130

90-130

0

mineral acid

Shandong area

98% mineral acid

80-220

100-250

+20/+30

Guangdong area

98% mineral acid

180-200

210-230

+30/+30

Hebei region

98% mineral acid

100-250

100-250

0

Sichuan region (ex-factory price)

98% mineral acid

420-550

450-550

+30/0

Today, prices in some areas of China's sulfuric acid market continue to increase slightly. As of now, the price of 98% of ore acid in Guangdong is between 210-230 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is between 350-400 yuan/ton; Recently, demand in the downstream market of sulfuric acid has remained stable, and shipments from acid factories have continued to be smooth. With low inventories of manufacturers, the supply of sulfuric acid in the market is tight, and the price of new orders in the market has maintained an upward trend; At present, acid plants in some areas are still under operation, and the market transaction atmosphere is good, and the sulfuric acid market continues to maintain a rising trend.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on August 21 was 239.21, an increase of 8.75 or 4%, from the previous working day.

  

 

3. Future outlook forecast

Demand in the downstream market of sulfuric acid remains stable, the overall market demand is steadily increasing, and the market transaction atmosphere is good; in addition, the price of raw material sulfur has increased, and the cost of sulfuric acid has increased. Many companies have intentions to increase prices. Due to the increase in costs and downstream market demand, new sulfuric acid prices have maintained an upward trend.