[Sulfuric acid] Analysis of Sulfuric acid market price on March 4

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March 4, 2024, 6:48 PM

Analysis of sulfuric acid market price on March 4

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 1	March 4	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	140-220	140-220	0
	Jiangsu area	98% sulfuric acid	180-330	180-360	0/+30
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	400-550	450-600	+50/+50
	Hebei region	98% sulfuric acid	180-260	180-260	0
smelting acid	Anhui area	98% smelting acid	160-210	160-210	0
	Shandong area	98% smelting acid	30-185	30-185	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	230-300(Factory price)	260-300(Factory price)	+30/0
	Guangxi region	98% smelting acid	330-380(Factory price)	330-380(Factory price)	0
	Yunnan region	98% smelting acid	460-530(Factory price)	460-550(Factory price)	0/+20
	Fujian area	98% smelting acid	240-340	240-340	0
	Inner Mongolia region	98% smelting acid	170-280	170-280	0
	Liaoning area	98% smelting acid	180-350	180-350	0
	Sichuan area (delivery price)	98% smelting acid	250-350	300-400	+50/+50
	Guizhou area	98% smelting acid	220-300	220-300	0
	Zhejiang area	98% smelting acid	270-310	270-310	0
	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	350-400	+150/+120
	Hebei region	98% mineral acid	150-240	150-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	400-550	0

Today, some prices in China's sulfuric acid market maintain an upward trend. As of now, the factory price of 98% of smelted acid in Hubei is 230-300 yuan/ton, and the price of 98% smelted acid in Anhui is 160-210 yuan/ton; Due to the continued improvement in the market demand for downstream fertilizers of sulfuric acid and high market start-up, demand for sulfuric acid has increased. Coupled with the shrinking supply under the maintenance plan of major acid plants in most regions this month, acid prices in Hubei, Guangdong, Henan and other regions have increased by 50 yuan; At present, acid prices in some regions have not been adjusted yet, and are expected to maintain stability in the short term.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 4 was 260.23, an increase of 5.77 or 2%, from the previous working day.

3. Future outlook forecast

Due to the storage and maintenance plans of most acid plants this month, most companies have stocked up recently, and the supply of sulfuric acid market is tight; downstream market demand is stable and increasing, supported by positive factors in the sulfuric acid market, and acid prices in some regions are expected to rise again.