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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on September 11

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September 11, 2023, 6:43 PM

Analysis of sulfuric acid market price on September 11

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

September 8

September 11

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

250-300

250-300

0

Jiangsu area

98% sulfuric acid

350-450

350-450

0

Zhejiang area

98% sulfuric acid

430-530

430-530

0

Sichuan region (ex-factory price)

98% sulfuric acid

500-660

500-660

0

Hebei region

98% sulfuric acid

220-340

220-340

0

smelting acid

Anhui area

98% smelting acid

190-240

190-240

0

Shandong area

98% smelting acid

60-280

60-280

0

Hunan area

98% smelting acid

340-400

340-400

0

Jiangxi area

98% smelting acid

240-320

240-320

0

Henan area

98% smelting acid

120-250

120-250

0

Hubei area

98% smelting acid

360-420(Factory price)

340-400(Factory price)

-20/-20

Guangxi region

98% smelting acid

320-400(Factory price)

320-400(Factory price)

0

Yunnan region

98% smelting acid

490-580(Factory price)

550-600(Factory price)

+60/+20

Fujian area

98% smelting acid

320-440

320-440

0

Inner Mongolia region

98% smelting acid

140-320

140-320

0

Liaoning area

98% smelting acid

140-220

140-220

0

Sichuan area (delivery price)

98% smelting acid

400-480

400-480

0

Guizhou area

98% smelting acid

420-500

420-500

0

Zhejiang area

98% smelting acid

350-410

350-410

0

Gansu region

98% smelting acid

130-190

130-190

0

mineral acid

Shandong area

98% mineral acid

210-290

210-290

0

Guangdong area

98% mineral acid

250-330

250-330

0

Hebei region

98% mineral acid

200-300

200-300

0

Sichuan region (ex-factory price)

98% mineral acid

500-600

500-600

0

Today, China's sulfuric acid market is stable and moving slightly. As of now, the factory price of 98% of smelted acid in the Yunnan market is 550-600 yuan/ton, and the ex-factory price of 98% smelted acid in Shandong is 60-280 yuan/ton; The market price of sulphuric acid in Shandong is basically stable. Downstream enterprises in the region continue to need procurement, and the inventory of individual acid factories has increased. The supply-demand relationship of enterprises has not changed much, and prices have stabilized; The downstream demand in Yunnan is good, the inventory of acid plants continues to be low, and the prices of individual companies have increased. At present, sulfuric acid prices are high, market supply and demand are basically balanced, and the sulfuric acid market is operating steadily.

 

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on September 11 was 315.42, an increase of 1.67 or 1%, from the previous working day.

 


3. Future outlook forecast

In the early stage, some maintenance companies resumed production, and the starting load of new sulfuric acid production capacity in Shandong and other regions increased, and the supply of sulfuric acid in the market was expected to increase; the downstream phosphate fertilizer and titanium dioxide markets started at a high level, but due to the high price of sulfuric acid, the cost pressure of downstream enterprises was high, and the market remained in need of procurement, and it is expected that sulfuric acid prices will operate stably in the short term.