This week, liquid sulfur prices in East China underwent a slight adjustment. The reference price for liquid sulfur in East China is RMB 7,535/t; on this basis, the raw material cost of sulfur-based acid is approximately RMB 2,511.67/t. Sulfur steam offsets part of the expenses, but after factoring in water and electricity charges, labor costs and equipment depreciation, the cost of sulfur-based acid stands at RMB 2,413.35/t. The current reference price of sulfur-based acid in East China is RMB 2,150/t. Among the three acid production routes, sulfur-based acid records a profit of -RMB 234.77/t, ore-based acid -RMB 131/t, and smelting acid RMB 1,220/t.
Unit: RMB/t
| Raw Material | Sep 10 | Sep 3 | Change |
|---|---|---|---|
| Liquid sulfur | 7535 | 7540 | -5 |
| Sulfur-based acid profit | -234.77 | -167.15 | -67.62 |
This week, China's domestic sulfur spot market fluctuated downward from a high level, with trading sentiment at the ports cooling noticeably. Some holders adjusted their offers downward to move cargo, and transaction prices drifted lower within a narrow range. In the domestic-produced market, prices moved both up and down in line with regional demand.
Raw material prices adjusted slightly, and profit margins have shifted a little of late. Cost and price movements may emerge going forward, keeping profits in a state of continual adjustment.
Sample notes:
On the data release date, Chempricehub compiles China's sulfur-based acid raw material prices together with sulfur-based acid enterprise prices and market prices in East China to monitor theoretical profits.
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