[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 8
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October 8, 2023, 4:58 PM Analysis of sulfuric acid market price on October 8
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
October 7 |
October 8 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
200-260 |
200-260 |
0 |
|
Jiangsu area |
98% sulfuric acid |
350-450 |
350-450 |
0 |
|
|
Zhejiang area |
98% sulfuric acid |
460-560 |
460-560 |
0 |
|
|
Sichuan region (ex-factory price) |
98% sulfuric acid |
600-700 |
570-670 |
-30/-30 |
|
|
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 |
60-250 |
60-250 |
0 |
|
|
Hunan area |
98% smelting acid |
340-400 |
280-350 |
-60/-50 |
|
|
Jiangxi area |
98% smelting acid |
240-320 |
240-320 |
0 |
|
|
Henan area |
98% smelting acid |
80-250 |
80-250 |
0 |
|
|
Hubei area |
98% smelting acid |
270-350(Factory price) |
270-350(Factory price) |
0 |
|
|
Guangxi region |
98% smelting acid |
400-480(Factory price) |
400-480(Factory price) |
0 |
|
|
Yunnan region |
98% smelting acid |
540-620(Factory price) |
470-530(Factory price) |
-70/-90 |
|
|
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 |
140-270 |
140-270 |
0 |
|
|
Sichuan area (delivery price) |
98% smelting acid |
400-630 |
400-580 |
0/-50 |
|
|
Guizhou area |
98% smelting acid |
450-500 |
450-500 |
0 |
|
|
Zhejiang area |
98% smelting acid |
350-410 |
350-410 |
0 |
|
|
Gansu region |
98% smelting acid |
180-240 |
180-240 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
160-220 |
160-220 |
0 |
|
Guangdong area |
98% mineral acid |
300-380 |
300-380 |
0 |
|
|
Hebei region |
98% mineral acid |
180-300 |
180-300 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
600-650 |
600-650 |
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 470-530 yuan/ton, and the ex-factory price of 98% smelted acid in Shandong is 60-250 yuan/ton. Recently, the price of sulphuric acid in Shandong has stabilized. Some acid companies actively shipped before the festival, and the transaction price has been lowered. Demand in the downstream market is stable, and sulfuric acid prices remain stable; Sulfuric acid prices in Sichuan have been reduced within a narrow range. Affected by transportation freight prices in Sichuan, sulfuric acid prices have risen to a high level. The downstream phosphate fertilizer and chemical markets have also resisted high-priced sulfuric acid. After the holiday, market transaction prices have dropped slightly; downstream sulfuric acid companies have maintained just need to purchase, and the market has a strong wait-and-see attitude.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on October 8 was 314.17, down 12.5 from yesterday, or 4%.
3. Future outlook forecast
After the holiday, the sulfuric acid market will wait and see, and the market supply and demand will basically maintain a balanced state. With the completion of the maintenance of the early acid plants, the inventory of some acid plants will increase in the later period, the market supply and demand relationship may change, and sulfuric acid prices may gradually differentiate regionally.