[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 2

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April 2, 2024, 5:07 PM

Analysis of sulfuric acid market price on April 2

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 1	April 2	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	280-390	280-390	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	110-325	110-325	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)	540-630(Factory price)	-60/-70
	Fujian area	98% smelting acid	380-480	380-480	0
	Inner Mongolia region	98% smelting acid	270-420	270-420	0
	Liaoning area	98% smelting acid	260-430	260-430	0
	Sichuan area (delivery price)	98% smelting acid	450-550	450-550	0
	Guizhou area	98% smelting acid	450-550	450-550	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	260-300	260-300	0
	Guangdong area	98% mineral acid	380-400	380-400	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 is basically stable, and prices in some regions have adjusted slightly. As of now, the arrival price of 98% of smelted acid in Yunnan is 540-630 yuan/ton, and the price of 98% smelted acid in Liaoning is 260-430 yuan/ton; The supply of major acid plants in Northeast Liaoning has decreased due to equipment start-up problems, and the maintenance of some acid plants is relatively concentrated. Acid prices in Liaoning have increased slightly this month; Sulfuric acid prices in southwest China remain high, downstream enterprises are under pressure on costs, coupled with more inventories of downstream phosphate fertilizer companies, their enthusiasm for purchasing sulfuric acid has dropped, and the transaction price of new orders is relatively high. Today, the acid price in Yunnan has been lowered by 60-70 yuan/ton, and in other regions The acid price has temporarily stabilized; affected by supply, the operation of the northern and southern sulfuric acid markets has gradually differentiated recently.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 2 was 373.65, a decrease of 5.0 or 1%, from yesterday.

3. Future outlook forecast

Under the influence of expected maintenance 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. Market procurement has also been cautious compared to the early stage, and some acid prices in the southern region are expected to weaken in the later stage.