[Sulfuric acid] Analysis of Sulfuric acid market price on March 11

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March 11, 2024, 5:47 PM

Analysis of sulfuric acid market price on March 11

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 8	March 11	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	160-240	160-240	0
	Jiangsu area	98% sulfuric acid	280-380	280-380	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	500-650	500-650	0
	Hebei region	98% sulfuric acid	220-300	220-300	0
smelting acid	Anhui area	98% smelting acid	160-210	200-250	+40/+40
	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	80-180	+20/+30
	Hubei area	98% smelting acid	260-300(Factory price)	300-400(Factory price)	+40/+100
	Guangxi region	98% smelting acid	350-420(Factory price)	350-420(Factory price)	0
	Yunnan region	98% smelting acid	500-600(Factory price)	500-600(Factory price)	0
	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	400-460	400-460	0
	Guizhou area	98% smelting acid	360-420	360-420	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	350-400	350-400	0
	Hebei region	98% mineral acid	190-280	190-280	0
	Sichuan region (ex-factory price)	98% mineral acid	500-600	500-600	0

Today, the market price of sulfuric acid in China has maintained an upward trend. As of now, the price of 98% of smelted acid in Henan is 80-180 yuan/ton, and the ex-factory price of 98% smelted acid in Anhui is 200-250 yuan/ton. Supported by good downstream demand, acid factory shipments continue to improve, manufacturers 'inventories remain low, and market supply is less than demand; in addition, under the influence of acid factory maintenance plans in Hubei, Henan, Anhui and other places, the market spot supply is tight, and sulfuric acid prices will continue to rise mainly.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 11 was 286.77, an increase of 10.38 or 4%, from the previous working day.

3. Future outlook forecast

Recently, the supply of sulfuric acid in the market has been relatively tight. Coupled with the fact that major acid plants in most regions have entered the maintenance period. Coupled with the strong downstream demand and continued positive support, the supply in the sulfuric acid market is less than demand, and the market price is expected to rise again.