[Sulfuric acid] Analysis of Sulfuric acid market price on March 12

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March 13, 2024, 6:37 PM

Analysis of sulfuric acid market price on March 12

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 11	March 12	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	200-250	200-250	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	190-240	+50/+50
	Henan area	98% smelting acid	80-180	80-180	0
	Hubei area	98% smelting acid	300-400(Factory price)	300-400(Factory price)	0
	Guangxi region	98% smelting acid	350-420(Factory price)	380-460(Factory price)	+30/+40
	Yunnan region	98% smelting acid	500-600(Factory price)	550-650(Factory price)	+50/+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	400-460	400-500	0/+40
	Guizhou area	98% smelting acid	360-420	380-450	+20/+30
	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, China's sulfuric acid market has been adjusted in a narrow range. As of now, the delivery price of 98% of smelting acid in Sichuan is 400-500 yuan/ton, and the delivery price of 98% of smelting acid in Yunnan is 550-650 yuan/ton; downstream titanium dioxide and fertilizer market demand remains strong, demand in the new energy market has increased, sulfuric acid shipments are relatively good, manufacturers 'inventories remain low, sulfuric acid market supply remains tight, new order prices are gradually increasing, and market prices are steadily rising.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 12 was 296.77, an increase of 10.00 or 3%, from yesterday.

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.