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[Sulfuric acid] Sulfuric acid market price analysis on October 31

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October 31, 2023, 5:21 PM

Analysis of sulfuric acid market price on October 31

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

October 30

October 31

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

480-580

480-580

0

Sichuan region (ex-factory price)

98% sulfuric acid

460-550

460-550

0

Hebei region

98% sulfuric acid

220-340

220-340

0

smelting acid

Anhui area

98% smelting acid

160-210

160-210

0

Shandong area

98% smelting acid

60-160

60-160

0

Hunan area

98% smelting acid

200-280

200-280

0

Jiangxi area

98% smelting acid

180-230

180-230

0

Henan area

98% smelting acid

20-180

20-180

0

Hubei area

98% smelting acid

230-260(Factory price)

230-260(Factory price)

0

Guangxi region

98% smelting acid

430-500(Factory price)

430-500(Factory price)

0

Yunnan region

98% smelting acid

360-420(Factory price)

400-460(Factory price)

+40/+40

Fujian area

98% smelting acid

220-340

220-340

0

Inner Mongolia region

98% smelting acid

200-320

200-320

0

Liaoning area

98% smelting acid

210-330

210-330

0

Sichuan area (delivery price)

98% smelting acid

320-450

280-450

-40/0

Guizhou area

98% smelting acid

350-400

300-380

-50/-20

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

150-220

150-220

0

Guangdong area

98% mineral acid

300-360

300-360

0

Hebei region

98% mineral acid

180-300

180-300

0

Sichuan region (ex-factory price)

98% mineral acid

450-550

450-550

0

Today, prices in individual regions of China's sulfuric acid market have been adjusted within a narrow range. As of now, the price of 98% of smelting acid in Yunnan is between 400-460 yuan/ton, and the price of 98% of smelting acid in Sichuan is between 280-450 yuan/ton; Acid factories in Yunnan have maintenance plans in November, coupled with the low price, downstream procurement has increased, acid factory inventories are low, and new order prices have rebounded; Due to the rise in acid prices in Yunnan, acid prices in Panzhihua and other regions have maintained a rising trend. However, the supply of sulfuric acid in Deyang and Chengdu is relatively sufficient. Recently, acid prices in Sichuan have been adjusted, and high and low price differences have been differentiated. Sulfuric acid prices have generally remained stable, and prices in some regions have been narrow. Adjustment, the market has not changed much.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 31 was 270.17, an increase of 1.67 from yesterday, or 1%.

 

 

3. Future outlook forecast

This week, individual acid plants in Shandong began to be overhauled, and the main acid plants in Yunnan re-established maintenance plans. The overall construction in other regions was high, and the supply of sulfuric acid was still sufficient; demand in the phosphate fertilizer and chemical industries in the downstream market was weak, and the supply-demand relationship in the sulfuric acid market was still unbalanced. However, supply in some regions was tight, and market prices may show a differentiated trend.