[Sulfuric acid] Sulfuric acid market price analysis on February 18

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February 18, 2024, 5:34 PM

Analysis of sulfuric acid market price on February 18

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	February 6	February 18	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-220	100-220	0
	Jiangsu area	98% sulfuric acid	140-280	140-330	0/+5
	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	1-165	1-185	0/+20
	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	110-160	+30/+50
	Guangdong area	98% mineral acid	150-250	150-250	0
	Hebei region	98% mineral acid	150-240	150-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	400-550	0

After the festival, the price of sulfuric acid in Shandong continued to rise slightly. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is 1-185 yuan/ton, and the factory price of 98% of the smelting acid in Yunnan is 330-400 yuan/ton; Due to the low inventory before the festival, due to the consumption of downstream terminal raw materials, the new prices of some acid companies in the zone in the post-festival area have been raised, and companies have mainly scheduled orders and shipped; Downstream demand in Yunnan has been recovering one after another, and the inventory of acid plants is on a downward trend. The supply of sulfuric acid in the region is tight, and acid prices may be expected to rise.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 18 was 214.85, an increase of 1.92 or 1% from the previous working day.

3. Future outlook forecast

After the holiday, the price of sulfuric acid will increase slightly, and prices in some regions may follow suit; the supply and demand relationship in the sulfuric acid market is basically balanced, but in the later period, some acid factories have maintenance plans, supply expectations will decrease, and prices may operate firmly.