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[Sulfuric acid] Sulfuric acid market price analysis on May 20

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May 20, 2024, 4:53 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

May 17

May 20

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

220-340

220-340

0

Jiangsu area

98% sulfuric acid

200-330

200-330

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

580-680

580-680

0

Hebei region

98% sulfuric acid

290-400

290-400

0

smelting acid

Anhui area

98% smelting acid

200-240

200-240

0

Shandong area

98% smelting acid

30-280

30-260

0/-20

Hunan area

98% smelting acid

220-300

220-320

0/20

Jiangxi area

98% smelting acid

160-210

160-210

0

Henan area

98% smelting acid

50-130

50-130

0

Hubei area

98% smelting acid

180-250(Factory price)

180-250(Factory price)

0

Guangxi region

98% smelting acid

400-500(Factory price)

400-500(Factory price)

0

Yunnan region

98% smelting acid

490-580(Factory price)

490-580(Factory price)

0

Fujian area

98% smelting acid

330-430

330-430

0

Inner Mongolia region

98% smelting acid

270-450

270-450

0

Liaoning area

98% smelting acid

260-450

260-450

0

Sichuan area (delivery price)

98% smelting acid

420-520

400-500

-20/-20

Guizhou area

98% smelting acid

300-380

300-380

0

Zhejiang area

98% smelting acid

190-250

190-250

0

Gansu region

98% smelting acid

220-340

220-340

0

mineral acid

Shandong area

98% mineral acid

130-230

150-230

20/0

Guangdong area

98% mineral acid

350-400

340-380

-10/-20

Hebei region

98% mineral acid

250-370

250-370

0

Sichuan region (ex-factory price)

98% mineral acid

580-680

580-680

0

 

Today, the price of sulfuric acid in China is mixed. As of now, the price of 98% of smelting acid in Shandong is between 30-260 yuan/ton, and the price of 98% of ore acid is between 150-230 yuan/ton; the price of 98% of smelting acid in Hunan is between 220-320 yuan/ton; Affected by the differentiation of terminal demand, acid companies in some regions have greater shipping pressure and weak demand, and the warehouse prices of manufacturers have been slightly lowered; The main acid plants in Shandong have begun to be overhauled and affected, but downstream companies have some inventories, shipping pressure is high, and prices are weak and downward; China's terminal demand is still weak, production and sales in the sulfuric acid market are unbalanced, and prices are fluctuating.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 20 was 304.62, down 1.54 from the previous working day, a decrease of 1%.

 

3. Future outlook forecast

This week, Shandong's early maintenance enterprises resumed production, the market started to remain stable, and the supply of sulfuric acid was relatively sufficient; some demand for downstream phosphate fertilizers may pick up, but the titanium dioxide market is weak. In the later stage, enterprises may have plans to reduce production. The supply and demand game in the sulfuric acid market, and the market wait-and-see mood is strong, and prices are expected to fluctuate.