[Sulfuric acid] Analysis of Sulfuric acid market price on March 18

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March 18, 2024, 5:25 PM

Analysis of sulfuric acid market price on March 18

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 15	March 18	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	180-260	200-280	20/20
	Jiangsu area	98% sulfuric acid	280-380	310-430	30/50
	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	240-320	20/20
smelting acid	Anhui area	98% smelting acid	200-250	200-250	0
	Shandong area	98% smelting acid	50-205	50-215	0/10
	Hunan area	98% smelting acid	350-410	350-410	0
	Jiangxi area	98% smelting acid	190-240	190-240	0
	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	380-460(Factory price)	380-460(Factory price)	0
	Yunnan region	98% smelting acid	550-650(Factory price)	550-650(Factory price)	0
	Fujian area	98% smelting acid	320-420	380-480	60/60
	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	430-550	430-550	0
	Guizhou area	98% smelting acid	380-450	380-450	0
	Zhejiang area	98% smelting acid	270-310	270-310	0
	Gansu region	98% smelting acid	220-340	220-340	0
mineral acid	Shandong area	98% mineral acid	130-210	150-230	20/20
	Guangdong area	98% mineral acid	350-400	350-400	0
	Hebei region	98% mineral acid	190-280	210-300	20/20
	Sichuan region (ex-factory price)	98% mineral acid	500-600	500-600	0

Today, the market price of sulfuric acid in China continues to rise. As of now, the price of 98% of smelting acid in Shandong is between 50-215 yuan/ton, and the ex-factory price of 98% of smelting acid in Fujian is between 380-480 yuan/ton. Recently, the shipment situation of sulfuric acid companies has been relatively good. The overall downstream demand remains strong, the supply of sulfuric acid in the market is tight, and the quotation for new orders remains firm; currently, the acid price in most regions is at a high level, the cost pressure on downstream companies is increasing, and the increase in sulfuric acid prices has slowed down.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 18 was 329.04, an increase of 5.0 or 2%, from the previous working day.

3. Future outlook forecast

Due to the maintenance of some major acid plants in the sulfuric acid market in the second quarter, while downstream demand remained good, market supply and demand were in a tight balance, and manufacturers 'inventories remained low, supporting the continued rise in sulfuric acid prices. Sulfuric acid prices will continue to operate at a high level in the short term.