[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on February 26

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February 26, 2024, 5:19 PM

Analysis of sulfuric acid market price on February 26

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on February 23	on February 26	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	140-220	150-220	+10/0
	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	60-130	60-130	0
	Hubei area	98% smelting acid	200-250(Factory price)	200-250(Factory price)	0
	Guangxi region	98% smelting acid	280-350(Factory price)	330-380(Factory price)	+50/+30
	Yunnan region	98% smelting acid	430-460(Factory price)	430-460(Factory price)	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, individual prices in China's sulfuric acid market have increased slightly. As of now, the factory price of 98% of smelted acid in Guangxi is 330-380 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is 1-185 yuan/ton; Recently, China's sulphuric acid market prices have basically remained stable, companies have some orders in hand, and shipments have remained good; Near the end of the month, individual companies in Shandong have maintenance plans, and sulfuric acid prices are expected to operate firmly; At present, the supply and demand situation in China's sulfuric acid market is basically balanced, but prices are expected to operate at high levels under the expected production reduction of equipment.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 26 was 238.31, an increase of 3.08 or 1%, from the previous working day.

3. Future outlook forecast

As the downstream market demand continues to recover, the sulfuric acid market demand remains good. Currently, the acid factory has some orders in hand, and the market price continues to increase. The supply in the sulfuric acid market is less than demand, and the price may be expected to rise again.