[Sulfuric acid] Analysis of sulfuric acid market price on November 8
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November 9, 2023, 6:18 PM Analysis of sulfuric acid market price on November 8
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
November 7 |
November 8 |
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 |
80-180 |
80-180 |
0 |
|
|
Hunan area |
98% smelting acid |
200-280 |
200-280 |
0 |
|
|
Jiangxi area |
98% smelting acid |
100-150 |
100-150 |
0 |
|
|
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 |
430-490(Factory price) |
430-490(Factory price) |
0 |
|
|
Fujian area |
98% smelting acid |
220-340 |
140-260 |
-80/-80 |
|
|
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 |
280-350 |
280-350 |
0 |
|
|
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 |
250-330 |
250-330 |
0 |
|
|
Hebei region |
98% mineral acid |
160-250 |
160-250 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
450-550 |
450-550 |
0 |
Today, the overall price of sulfuric acid in China is stable. As of now, the ex-factory price of 98% of smelted acid in Fujian is between 140-260 yuan/ton, and the price of 98% of smelted acid in Zhejiang is between 280-340 yuan/ton. Recently, the overall shipment situation in the sulphuric acid market has eased. Manufacturers have removed more inventories, downstream market demand is stable, and market supply and demand are relatively balanced; Prices in individual regions have adjusted within a narrow range. Acid prices in Fujian have been lowered by the previous surrounding acid prices, and downstream demand in the region has been sluggish. Companies have put pressure on shipments, and the price of new orders has been lowered.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on November 8 was 272.69, an increase of 6.15 from yesterday, or a decrease of 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.