[Sulfuric acid] Analysis of Sulfuric acid market price on March 26

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March 26, 2024, 6:34 PM

Analysis of sulfuric acid market price on March 26

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 25	March 26	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	230-330	230-330	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	290-410	290-410	0
smelting acid	Anhui area	98% smelting acid	200-250	240-290	40/40
	Shandong area	98% smelting acid	50-265	50-265	0
	Hunan area	98% smelting acid	350-410	350-410	0
	Jiangxi area	98% smelting acid	190-240	250-300	60/60
	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)	450-550(Factory price)	50/50
	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	450-550	450-550	0
	Guizhou area	98% smelting acid	380-450	450-500	70/50
	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	180-280	20/30
	Guangdong area	98% mineral acid	350-400	350-400	0
	Hebei region	98% mineral acid	280-380	280-380	0
	Sichuan region (ex-factory price)	98% mineral acid	550-650	550-650	0

Today, China's sulfuric acid market maintains an upward trend. As of now, the ex-factory price of 98% of smelted acid in Jiangxi is between 250-300 yuan/ton, and the price of 98% of smelted acid in Guangxi is between 450-550 yuan/ton; China's acid factory inventories remain low, and company shipments are smooth. Coupled with the impact of the increase in acid prices in many regions of China, acid prices in Guangxi, Guizhou, Shandong and other regions have increased slightly today; Downstream demand remained stable, but acid prices were rising at a high level. Downstream companies were under pressure to purchase high-priced sulfuric acid on demand, and the market was operating steadily.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 26 was 360.58, an increase of 11.54 or 3%, from yesterday.

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.