[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on March 1

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March 1, 2024, 5:55 PM

Analysis of sulfuric acid market price on March 1

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on February 29	March 1	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	140-220	140-220	0
	Jiangsu area	98% sulfuric acid	180-330	180-330	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	160-210	+50/+50
	Shandong area	98% smelting acid	1-185	30-185	+29/0
	Hunan area	98% smelting acid	270-330	270-330	0
	Jiangxi area	98% smelting acid	140-190	140-190	0
	Henan area	98% smelting acid	60-150	60-150	0
	Hubei area	98% smelting acid	200-250(Factory price)	230-300(Factory price)	+30/+50
	Guangxi region	98% smelting acid	330-380(Factory price)	330-380(Factory price)	0
	Yunnan region	98% smelting acid	460-530(Factory price)	460-530(Factory price)	0
	Fujian area	98% smelting acid	190-290	240-340	+50/+50
	Inner Mongolia region	98% smelting acid	200-300	170-280	-30/-20
	Liaoning area	98% smelting acid	210-380	180-350	-30/-30
	Sichuan area (delivery price)	98% smelting acid	250-350	250-350	0
	Guizhou area	98% smelting acid	220-300	220-300	0
	Zhejiang area	98% smelting acid	220-260	270-310	+50/+50
	Gansu region	98% smelting acid	180-290	180-290	0
mineral acid	Shandong area	98% mineral acid	110-180	110-180	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, prices in some areas of China's sulfuric acid market are mixed. As of now, the price of 98% of smelting acid in Zhejiang is between 270-310 yuan/ton, and the price of 98% of smelting acid in Shandong is between 30-185 yuan/ton; Today, acid prices in some areas have increased again. The inventory of acid plants has maintained their position. Demand for downstream phosphate fertilizers and other industries has started to resume. Demand for sulfuric acid has remained good. In addition, under the influence of positive export news in the recent market, China's acid prices have steadily increased.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 1 was 254.46, an increase of 8.62 or 4%, 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.