[Sulfuric acid] Analysis of Sulfuric acid market price on March 20

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March 20, 2024, 4:53 PM

Analysis of sulfuric acid market price on March 20

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 19	March 20	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	270-380	30/60
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	80-200	80-200	0
	Hubei area	98% smelting acid	300-400(Factory price)	300-400(Factory price)	0
	Guangxi region	98% smelting acid	400-480(Factory price)	400-500(Factory price)	0/20
	Yunnan region	98% smelting acid	600-700(Factory price)	600-700(Factory price)	0
	Fujian area	98% smelting acid	380-480	380-480	0
	Inner Mongolia region	98% smelting acid	180-330	180-330	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	310-350	310-350	0
	Gansu region	98% smelting acid	220-340	220-340	0
mineral acid	Shandong area	98% mineral acid	160-250	160-250	0
	Guangdong area	98% mineral acid	350-400	350-400	0
	Hebei region	98% mineral acid	210-300	250-350	40/50
	Sichuan region (ex-factory price)	98% mineral acid	500-600	500-600	0

Today, the overall operation of China's sulfuric acid market is good. As of now, the factory price of 98% of smelting acid in Guangxi is 400-500 yuan/ton, and the factory price of 98% of sulfuric acid in Hebei is 270-380 yuan/ton; the factory price of 98% of ore acid is 250-350 yuan/ton; acid plants in Guangxi have been under-operated recently, and supply in the region is tight; At present, the overall demand for China's sulfuric acid market is strong, and the market exceeds demand. The price of new orders from acid factories is firm, and the market maintains an upward trend.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 20 was 339.04, an increase of 0.77 or 0%, 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.