[Sulfuric acid] Analysis of Sulfuric acid market price on August 29
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August 29, 2023, 5:24 PM Analysis of sulfuric acid market price on August 29
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
on August 28 |
August 29 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
250-300 |
250-300 |
0 |
|
Jiangsu area |
98% sulfuric acid |
230-350 |
230-350 |
0 |
|
|
Zhejiang area |
98% sulfuric acid |
350-440 |
380-480 |
+30/+40 |
|
|
Sichuan region (ex-factory price) |
98% sulfuric acid |
480-590 |
480-590 |
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 |
40-280 |
40-280 |
0 |
|
|
Hunan area |
98% smelting acid |
260-310 |
260-310 |
0 |
|
|
Jiangxi area |
98% smelting acid |
140-220 |
240-320 |
+100/+100 |
|
|
Henan area |
98% smelting acid |
90-250 |
90-250 |
0 |
|
|
Hubei area |
98% smelting acid |
320-420(Factory price) |
320-420(Factory price) |
0 |
|
|
Guangxi region |
98% smelting acid |
230-300(Factory price) |
230-330(Factory price) |
0/+30 |
|
|
Yunnan region |
98% smelting acid |
440-500(Factory price) |
440-500(Factory price) |
0 |
|
|
Fujian area |
98% smelting acid |
240-360 |
320-440 |
+80/+80 |
|
|
Inner Mongolia region |
98% smelting acid |
30-240 |
30-240 |
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 |
250-400 |
250-400 |
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 |
160-260 |
160-260 |
0 |
|
Guangdong area |
98% mineral acid |
210-230 |
210-230 |
0 |
|
|
Hebei region |
98% mineral acid |
100-250 |
100-250 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
450-550 |
480-580 |
+30/+30 |
Today, China's sulfuric acid market continues to maintain an upward trend. As of now, the ex-factory price of 98% of smelted acid in Fujian is at 320-440 yuan/ton, and the factory price of 98% of smelted acid in Guangxi is at 230-330 yuan/ton. The sulphuric acid export market remains strong. Foreign trade orders from some companies have increased again, manufacturers 'inventories are low, and market supply and demand remain in a tight balance; Demand in China's downstream market is stable, and demand for sulfuric acid has continued to increase. The market transaction atmosphere is good, and prices maintain a slight upward trend.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on August 29 was 265.42, an increase of 7.92 from yesterday, or 3%.
3. Future outlook forecast
There is strong demand from downstream industries such as phosphate fertilizer and titanium dioxide, and the demand for sulfuric acid is relatively strong. The inventory of acid plants has declined. The market supply and demand have maintained a balance. The prices of new orders in the market area have gradually increased slightly. The sulfuric acid market will maintain stable operation in the short term.