[Sulfuric acid] Analysis of Sulfuric acid market price on March 19

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March 19, 2024, 5:15 PM

Analysis of sulfuric acid market price on March 19

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 18	March 19	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-280	200-280	0
	Jiangsu area	98% sulfuric acid	310-430	310-430	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	240-320	240-320	0
smelting acid	Anhui area	98% smelting acid	200-250	200-250	0
	Shandong area	98% smelting acid	50-215	50-215	0
	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	80-200	0/20
	Hubei area	98% smelting acid	300-400(Factory price)	300-400(Factory price)	0
	Guangxi region	98% smelting acid	380-460(Factory price)	400-480(Factory price)	20/20
	Yunnan region	98% smelting acid	550-650(Factory price)	600-700(Factory price)	50/50
	Fujian area	98% smelting acid	380-480	380-480	0
	Inner Mongolia region	98% smelting acid	170-280	180-330	10/50
	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	310-350	40/40
	Gansu region	98% smelting acid	220-340	220-340	0
mineral acid	Shandong area	98% mineral acid	150-230	160-250	10/20
	Guangdong area	98% mineral acid	350-400	350-400	0
	Hebei region	98% mineral acid	210-300	210-300	0
	Sichuan region (ex-factory price)	98% mineral acid	500-600	500-600	0

Today, the market price of sulfuric acid in China maintains an upward trend. As of now, the factory price of 98% of smelting acid in the Yunnan market is 600-700 yuan/ton, and the factory price of 98% of smelting acid in Hubei is 300-340 yuan/ton. Sulfuric acid prices have risen to high levels. Recently, some companies have adjusted within a narrow range, resulting in increased cost pressure on downstream companies, and corporate sentiment is slightly conflicted; Some of the downstream factories have plans to start construction this week, and the sulfuric acid stocks of many downstream factories are at high levels, and the purchase volume of enterprises has declined; however, the overall market sulfuric acid stocks are currently at low levels, and prices remain high and firm.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 19 was 338.27, up 9.23 or 3%, from yesterday.

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.