[Sulfuric acid] Analysis of Sulfuric acid market price on March 25

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March 25, 2024, 5:54 PM

Analysis of sulfuric acid market price on March 25

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 22	March 25	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-280	230-330	30/50
	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	270-380	290-410	20/30
smelting acid	Anhui area	98% smelting acid	200-250	200-250	0
	Shandong area	98% smelting acid	50-215	50-265	0/50
	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	400-500(Factory price)	400-500(Factory price)	0
	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	450-550	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	250-350	280-380	30/30
	Sichuan region (ex-factory price)	98% mineral acid	550-650	550-650	0

Today, some regions in China's sulfuric acid market have increased slightly. As of now, the ex-factory price of 98% smelting acid in Shandong is 50-265 yuan/ton, the price of 98% ore acid in Hebei is 280-380 yuan/ton, and the price of 98% sulfuric acid is 230-330 yuan/ton; Recently, China's acid prices have been continuously increased, company shipments are relatively good, and market prices have remained upward; Under the expected reduction of acid smelting units, market supply remains tight, sulfuric acid prices support is strong, and the market remains at a high level.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 25 was 349.04, an increase of 1.92 or 1%, from the previous working day.

3. Future outlook forecast

China's sulfuric acid market maintains its upward trend, with market supply expectations decreasing. Under the demand for stocking in the downstream market, the sulfuric acid market remains in short supply, which provides strong support for prices. Sulfuric acid prices will continue to operate at high levels in the short term.