[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 3

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April 3, 2024, 3:37 PM

Analysis of sulfuric acid market price on April 3

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 2	April 3	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	540-630(Factory price)	540-630(Factory price)	0
	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, the price of sulfuric acid in China has remained stable. As of now, the ex-factory price of 98% of sulfuric acid in Hebei is 310-430 yuan/ton; the ex-factory price of 98% of ore acid is 300-400 yuan/ton; and the price of 98% of smelting acid in Shandong is 110-325 yuan/ton; the overall operation of the sulfuric acid market has been relatively stable recently, and the market price has not changed much; Downstream demand is stable, and acid factories have some orders in hand. However, due to high prices, downstream companies are under pressure on production. The market purchasing sentiment is also cautious compared with the previous period, 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 April 3 was 373.65, which was the same as 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.