[Sulfuric acid] Sulfuric acid market price analysis on February 27

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February 27, 2024, 5:09 PM

Analysis of sulfuric acid market price on February 27

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on February 26	on February 27	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	150-220	150-220	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	60-130	60-150	0/+20
	Hubei area	98% smelting acid	200-250(Factory price)	200-250(Factory price)	0
	Guangxi region	98% smelting acid	330-380(Factory price)	330-380(Factory price)	0
	Yunnan region	98% smelting acid	430-460(Factory price)	460-530(Factory price)	+30/+70
	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	250-350	+50/0
	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 price of smelting acid in China's sulfuric acid market has increased slightly. As of now, the price of 98% of smelting acid arriving at the factory in Yunnan market is 460-530 yuan/ton, and the price of 98% of smelting acid in Sichuan is 250-350 yuan/ton; The start of the downstream market has basically remained stable, the signing of acid factories has remained good, corporate inventories are low, and acid prices in some areas have been continuously adjusted slightly; The acid price in the northern region has temporarily stabilized, and the supply and demand of sulfuric acid in the region have maintained a balance. The increase in acid price in the southwest region has not had an impact on the price in the northeast. The overall operation of the sulfuric acid market has remained good.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 27 was 244.85, an increase of 6.54 or 3%, from yesterday.

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.