[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 1

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April 1, 2024, 5:18 PM

Analysis of sulfuric acid market price on April 1

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	March 29	April 1	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	270-390	280-390	10/0
	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	240-290	240-290	0
	Shandong area	98% smelting acid	80-325	110-325	30/0
	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	270-420	90/90
	Liaoning area	98% smelting acid	180-350	260-430	80/80
	Sichuan area (delivery price)	98% smelting acid	450-550	450-550	0
	Guizhou area	98% smelting acid	450-500	450-550	0/50
	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	230-300	260-300	30/0
	Guangdong area	98% mineral acid	350-400	380-400	30/0
	Hebei region	98% mineral acid	280-380	280-380	0
	Sichuan region (ex-factory price)	98% mineral acid	550-650	550-650	0

Today, prices in some regions of China's sulfuric acid market have risen at high levels. As of now, the price of 98% of smelted acid in Shandong is at 110-325 yuan/ton, and the price of 98% of smelted acid in Inner Mongolia is at 270-420 yuan/ton; The sulphuric acid market has maintained an upward trend, and the overall market demand is good. Acid companies have some orders in hand, and manufacturers 'inventories remain low. Under the expected overhaul of the main acid factories in the second quarter, the market supply has been reduced, and acid prices in some regions have increased slightly; Supply and demand of sulfuric acid in areas where the acid plant is started and stable is basically balanced, and market prices are temporarily stable.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 1 was 378.65, an increase of 11.62 from the previous working day, or 3%.

3. Future outlook forecast

Under the influence of expected overhauls in the second quarter, the difference between supply and demand in the sulfuric acid market has gradually diverged. This week, the acid price in some northern regions has increased slightly, while the acid price in the southern region has remained high. However, due to the high price of sulfuric acid, some downstream industries have experienced greater cost pressure, and market procurement is also cautious compared with the previous period.