[Sulfuric acid] Analysis of Sulfuric acid market price on March 6

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March 6, 2024, 5:40 PM

Analysis of sulfuric acid market price on March 6

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 5	March 6	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	160-240	160-240	0
	Jiangsu area	98% sulfuric acid	180-360	280-380	+100/+20
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	450-600	500-600	+50/0
	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	350-420(Factory price)	350-420(Factory price)	0
	Yunnan region	98% smelting acid	500-550(Factory price)	500-600(Factory price)	0/+50
	Fujian area	98% smelting acid	260-360	260-360	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	300-400	380-400	+80/0
	Guizhou area	98% smelting acid	320-400	320-420	0/+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	190-280	+40/+40
	Sichuan region (ex-factory price)	98% mineral acid	450-600	500-600	+50/0

Today, China's sulfuric acid market is rising steadily. As of now, the ex-factory price of 98% of ore acid in Sichuan is 500-600 yuan/ton, the factory price of smelting acid is 380-600 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is 500-600 yuan/ton; Recently, the demand for sulfuric acid in Southwest China has been relatively strong, and the supply of sulfuric acid in surrounding areas is tight. The prices of sulfuric acid have been rising one after another, and the prices of ore acid and sulfuric acid in some areas have followed suit; However, as the price of sulfuric acid continues to rise, the cost prices of downstream companies increase, and there is limited room for increase in sulfuric acid prices.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 6 was 275.62, an increase of 5.77 or 2%, 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.