[Sulfuric acid] Sulfuric acid market price analysis on February 23

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February 23, 2024, 5:29 PM

Analysis of sulfuric acid market price on February 23

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on February 22	on February 23	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	140-220	140-220	0
	Jiangsu area	98% sulfuric acid	140-330	140-330	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	110-160	110-160	0
	Shandong area	98% smelting acid	1-185	1-185	0
	Hunan area	98% smelting acid	210-270	210-270	0
	Jiangxi area	98% smelting acid	90-140	90-140	0
	Henan area	98% smelting acid	30/100	60-130	+30/+30
	Hubei area	98% smelting acid	200-250(Factory price)	200-250(Factory price)	0
	Guangxi region	98% smelting acid	280-350(Factory price)	280-350(Factory price)	0
	Yunnan region	98% smelting acid	390-460(Factory price)	430-460(Factory price)	+40/0
	Fujian area	98% smelting acid	190-290	190-290	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	220-260	220-260	0
	Gansu region	98% smelting acid	180-290	180-290	0
mineral acid	Shandong area	98% mineral acid	110-160	110-160	0
	Guangdong area	98% mineral acid	200-280	200-280	0
	Hebei region	98% mineral acid	150-240	150-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	400-550	0

Today, the general trend of China's sulfuric acid market is stable. As of now, the ex-factory transaction price of 98% of smelted acid in Henan is 60-130 yuan/ton, and the arrival price of 98% of smelted acid in Yunnan is 430-460 yuan/ton. Recently, the market has been affected by the maintenance of acid plants in some regions. Coupled with the increase in sulfuric acid prices in many regions this week, shipments in the sulfuric acid market are relatively good, and the price of new orders has increased slightly by 30 yuan/ton; Demand in the downstream market is stable. Acid factories in some areas are looking at the late-stage market, and the sulfuric acid market is operating well.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 23 was 235.23, an increase of 3.85 or 2%, from yesterday.

3. Future outlook forecast

Recently, the price of sulfuric acid has increased slightly, and prices in some regions may follow suit. As acid plants in some regions have begun maintenance one after another, and acid plants have re-established maintenance plans in the later period, supply expectations have decreased, and sulfuric acid prices are expected to rise again.