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Analysis of the sulfuric acid market trends from June 1 to 5

2015-06-09View Original

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Products: The operating rate of domestic sulfuric acid manufacturers is around 70%. Jiangsu Shuangshi’s plant with an annual production capacity of 2.3 million tons of sulfuric acid is operating at full capacity, producing 4,000 tons per day. The current export prices are 410 yuan per ton for 93% and 98% sulfuric acid, while the price for 105% sulfuric acid is 470 yuan per ton. Sales performance is average.    Industry chain: This week, the domestic sulfur market remained stable at high levels, putting increased cost pressure on sulfur-based acid producers ; The downstream phosphatic ammonium market is in off-season; exports of diammonium phosphate remain stable, which is beneficial for the sulfuric acid market. However, the domestic monoammonium phosphate market is weak, and this does not help drive up prices in the sulfuric acid market.   Industry: Recently, the sulfuric acid market in East China has maintained stable performance; production facilities of sulfuric acid manufacturers are operating normally, and market supply remains modest ; In the Shandong region, the price of smelting acid is around 320–410 yuan per ton, and market transactions are fairly satisfactory ; It is expected that the market conditions in the East China region will remain stable in the short term. Currently, in the North China region, the prevailing quotes for 98% mineral acid amount to 380–500 yuan per ton, while negotiated prices range from 330–380 yuan per ton ; 98% sulfuric acid is traded at 320-400 yuan per ton.
Reply #22015-06-12
"Jiangsu Shuangshi’s sulfuric acid plant, with an annual production capacity of 2.3 million tons, is operating at full capacity, producing 4,000 tons per day. “Haha, LZ learned math from his physical education teacher; if it’s operating at full capacity, the output would be almost twice that amount, around 8,000 tons!”
Reply #32015-06-12
I don’t know what you’re bragging about. A search on Baidu for “Jiangsu Shuangshi’s sulfuric acid production facility with an annual capacity of 2.3 million tons is operating at full capacity, producing 4,000 tons per day” will reveal numerous well-known websites that have reported on this, such as Sina.com, Tonghuashun Financial Services Network, and China Chemical Industry Network. Additionally, this is reprinted from the commodity data provider——Business News.
Reply #42015-06-12
Hehe, are you joking? You’re taking this so seriously. But a plant with a capacity of 1 million tons can produce 3,000 metric tons per day when operating at full capacity. I’ve heard that when two plants of 1 million tons each are used, only one of them is operational; that would explain 4,000 tons per day.

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