[Sulfuric acid] Analysis of Sulfuric acid market price on March 27

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March 27, 2024, 5:01 PM

Analysis of sulfuric acid market price on March 27

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 26	March 27	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	230-330	250-370	20/40
	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	240-290	240-290	0
	Shandong area	98% smelting acid	50-265	80-315	30/50
	Hunan area	98% smelting acid	350-410	350-410	0
	Jiangxi area	98% smelting acid	250-300	250-300	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	450-550(Factory price)	450-550(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	450-550	450-550	0
	Guizhou area	98% smelting acid	450-500	450-500	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	180-280	210-280	30/0
	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 a high level. As of now, the price of 98% of smelting acid in Shandong is between 80-315 yuan/ton, the price of 98% of sulfuric acid is between 250-370 yuan/ton, and the price of 98% of smelting acid in Yunnan is between 600-700 yuan/ton; With the demand for sulfuric acid remaining stable, shipments of acid companies have been smooth. Coupled with the recent increase in acid prices in many places in China, the market has maintained a good operation; the continued increase in smelting acid prices has driven the prices of sulfuric acid and ore acid to rise; However, the price of sulfuric acid is currently high, and some downstream industries have great cost pressure. They are also resistant to high-priced sulfuric acid, and the market has a strong wait-and-see attitude.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 27 was 363.65, an increase of 3.08 or 1%, from yesterday.

3. Future outlook forecast

China's sulfuric acid market maintained its upward trend. In the second quarter, under the expectation of maintenance of most major acid factories in the market, the market supply was expected to decrease. Under the demand for stocking in the downstream market, the sulfuric acid market remained in short supply, which provided strong support for prices. Sulfuric acid prices will continue to operate at a high level in the short term.