[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on February 6

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February 6, 2024, 5:27 PM

Analysis of sulfuric acid market price on February 6

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	February 5	February 6	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-220	100-220	0
	Jiangsu area	98% sulfuric acid	140-280	140-280	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	400-550	400-550	0
	Hebei region	98% sulfuric acid	180-260	180-260	0
smelting acid	Anhui area	98% smelting acid	80-130	80-130	0
	Shandong area	98% smelting acid	1-135	1-135	0
	Hunan area	98% smelting acid	180-240	180-240	0
	Jiangxi area	98% smelting acid	70-140	70-140	0
	Henan area	98% smelting acid	30/100	30/100	0
	Hubei area	98% smelting acid	160-220(Factory price)	160-220(Factory price)	0
	Guangxi region	98% smelting acid	280-330(Factory price)	280-330(Factory price)	0
	Yunnan region	98% smelting acid	330-400(Factory price)	330-400(Factory price)	0
	Fujian area	98% smelting acid	160-260	160-260	0
	Inner Mongolia region	98% smelting acid	200-300	200-300	0
	Liaoning area	98% smelting acid	210-380	210-380	0
	Sichuan area (delivery price)	98% smelting acid	200-350	200-350	0
	Guizhou area	98% smelting acid	220-300	220-300	0
	Zhejiang area	98% smelting acid	200-240	200-240	0
	Gansu region	98% smelting acid	180-290	180-290	0
mineral acid	Shandong area	98% mineral acid	80-110	80-110	0
	Guangdong area	98% mineral acid	130-200	150-250	+20/+50
	Hebei region	98% mineral acid	150-240	150-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	400-550	0

Today, there is a strong wait-and-see atmosphere in China's sulfuric acid market. As of now, the price of 98% of smelting acid in Zhejiang is between 200-240 yuan/ton, and the ex-factory transaction price of 98% of smelting acid in Henan is between 30-100 yuan/ton. Recently, the overall transaction in China's sulfuric acid market has been light, mainly due to the impact of the Spring Festival holiday and limited market shipments; Due to a slight increase in acid prices in Shandong, shipments in Henan have improved compared with the previous period. However, due to the weather, transportation in the region is still restricted. Transactions in China's sulfuric acid market were weak this week, and companies are waiting for the post-holiday market.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 6 was 212.92, which was the same as yesterday.

3. Future outlook forecast

Sulfuric acid manufacturers have maintained stable start-up, market supply fluctuations are small, and the holidays are approaching, and market transportation is limited. However, most companies have completed the early preparations, and the pressure on the acid factory's inventory is not great. In the short term, the sulfuric acid market will be mainly stable; in the later period, some regional acid plants have planned to maintain storage equipment, and demand is expected to recover, the supply and demand relationship in the sulfuric acid market may change, and companies are mostly waiting for the post-holiday market.