[Sulfuric acid] Analysis of Sulfuric acid market price on March 5

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March 5, 2024, 6:29 PM

Analysis of sulfuric acid market price on March 5

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 4	March 5	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	140-220	160-240	+20/+20
	Jiangsu area	98% sulfuric acid	180-360	180-360	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	450-600	450-600	0
	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	260-300(Factory price)	260-300(Factory price)	0
	Guangxi region	98% smelting acid	330-380(Factory price)	350-420(Factory price)	+20/+40
	Yunnan region	98% smelting acid	460-550(Factory price)	500-550(Factory price)	+40/0
	Fujian area	98% smelting acid	240-340	260-360	+20/+20
	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	300-400	300-400	0
	Guizhou area	98% smelting acid	220-300	320-400	+100/+20
	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	350-400	350-400	0
	Hebei region	98% mineral acid	150-240	150-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	450-600	+50/+50

Today, China's sulfuric acid market is operating well. As of now, the factory price of 98% of smelting acid in Yunnan market is 500-550 yuan/ton, and the price of 98% of smelting acid in Guizhou is 320-400 yuan/ton. Recently, some major acid factories have been shut down for maintenance. The supply of sulfuric acid in most areas has decreased, the market supply has remained tight, and the prices of new sulfuric acid orders have been increased one after another; Demand for chemical fertilizers continues to improve, chemical demand remains strong, supply of sulfuric acid is less than demand, corporate inventories are low, and the sulfuric acid market is operating strongly.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 5 was 269.85, up 9.62 or 4%, from yesterday.

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.