[Sulfuric acid] Market price analysis of sulfuric acid on November 10
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November 10, 2023, 6:12 PM Analysis of sulfuric acid market price on November 10
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
November 9 |
November 10 |
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 |
50-150 |
50-150 |
0 |
|
|
Hubei area |
98% smelting acid |
260-280(Factory price) |
260-280(Factory price) |
0 |
|
|
Guangxi region |
98% smelting acid |
400-500(Factory price) |
400-500(Factory price) |
0 |
|
|
Yunnan region |
98% smelting acid |
430-490(Factory price) |
430-490(Factory price) |
0 |
|
|
Fujian area |
98% smelting acid |
140-260 |
140-260 |
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 |
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 |
180-220 |
180-220 |
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 market price of sulfuric acid in China remains stable. As of now, the factory price of 98% of smelted acid in Hubei is 260-280 yuan/ton, and the factory price of smelted acid in Zhejiang is 280-340 yuan/ton. This week, the equipment of enterprises undergoing maintenance in the early stage of the week resumed production. With the increase in supply expectations, downstream demand has not increased yet. The shipment situation of acid companies is average, and there is a contradiction between supply and demand in the market; Hubei and other regions have increased their purchases of sulfuric acid due to the increase in downstream phosphate fertilizer market prices. However, due to the increase in supply from major acid factories and the spread of news that chemical fertilizer exports have been restricted, the sulfuric acid market prices have temporarily stabilized.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on November 10 was 274.23, which was the same as yesterday.
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.