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[Sulfuric acid] Analysis of sulfuric acid market price on November 7

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November 7, 2023, 8:52 PM

Analysis of sulfuric acid market price on November 7

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

November 6

November 7

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

200-260

200-260

0

Jiangsu area

98% sulfuric acid

300-400

300-400

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

460-550

460-550

0

Hebei region

98% sulfuric acid

180-300

180-300

0

smelting acid

Anhui area

98% smelting acid

160-210

160-210

0

Shandong area

98% smelting acid

60-160

80-180

+20/+20

Hunan area

98% smelting acid

200-280

200-280

0

Jiangxi area

98% smelting acid

180-230

100-150

-80/-80

Henan area

98% smelting acid

20-150

20-150

0

Hubei area

98% smelting acid

240-260(Factory price)

240-260(Factory price)

0

Guangxi region

98% smelting acid

430-500(Factory price)

430-500(Factory price)

0

Yunnan region

98% smelting acid

400-480(Factory price)

430-490(Factory price)

+30/+10

Fujian area

98% smelting acid

220-340

220-340

0

Inner Mongolia region

98% smelting acid

200-340

200-340

0

Liaoning area

98% smelting acid

240-370

240-370

0

Sichuan area (delivery price)

98% smelting acid

280-450

280-450

0

Guizhou area

98% smelting acid

300-380

280-350

-20/-30

Zhejiang area

98% smelting acid

280-340

280-340

0

Gansu region

98% smelting acid

180-290

180-290

0

mineral acid

Shandong area

98% mineral acid

170-220

170-220

0

Guangdong area

98% mineral acid

300-360

250-330

-50/-30

Hebei region

98% mineral acid

160-250

160-250

0

Sichuan region (ex-factory price)

98% mineral acid

450-550

450-550

0

Today, China's sulfuric acid market is mixed. As of now, the factory price of 98% of smelted acid in the Yunnan market is 430-490 yuan/ton, and the factory price of 98% of smelted acid in Shandong is 80-180 yuan/ton; Recently, the sulphuric acid market in Yunnan has continued to improve, manufacturers 'inventories are low, and the price of new orders is rising within a narrow range. Coupled with the storage and maintenance plans of some acid factories in the region, supply will continue to be tight in the short term and prices will increase steadily; Sulfuric acid prices have also increased recently in Shandong. Demand in the chemical fertilizer market has picked up and the chemical industry is in need of support. Enterprises 'shipments are in good condition. In the short term, the sulfuric acid market has been affected by tight supply in some regions, and prices have increased. However, shipments from acid factories in various departments There is still some pressure, with the price of new orders mainly declining, and the sulfuric acid market is divided.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on November 7 was 278.85, an increase of 6.35 from yesterday, or 2%.

  

3. Future outlook forecast

This week, the storage and maintenance plan of the main acid plants in Guangxi, coupled with the decrease in supply in Shandong last week, the sulfuric acid market is currently expected to shrink supply, and downstream phosphate fertilizer demand has picked up. Shipments from some acid plants have been relatively smooth, and the market supply and demand relationship has improved., sulfuric acid prices have rebounded upward at a low level; however, demand in the chemical industry is still relatively sluggish. It is expected that the sulfuric acid market will diverge in the short term, and market prices will be mixed.