[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 7

81,205

April 7, 2024, 4:53 PM

Analysis of sulfuric acid market price on April 7

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 3	April 7	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	580-680	80/30
	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	110-345	0/+20
	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	250-300	-10/0
	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	580-680	30/30

Today, China's sulfuric acid market is being organized and put into operation. As of now, the price of 98% smelting acid in Shandong is between 110-345 yuan/ton, and the price of 98% sulfuric acid in Sichuan is between 580-680 yuan/ton. The main acid factories in some regions are taking turns for maintenance, and the overall market supply has not changed much, but downstream companies have completed stocking up in the early stage, and the supply of sulfuric acid has not yet been tight; The price of sulfuric acid is high, the pressure on the inventory of acid plants is not great, the overall downstream demand is still acceptable, and corporate costs are under pressure. In the short term, sulfuric acid prices will maintain stability.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 7 was 374.42, an increase of 0.77 or 0%, from the previous working day.

3. Future outlook forecast

This month, the main acid factories in some regions took turns for maintenance, and the overall market supply has shrunk. However, the downstream supply has been completed in the early stage, and the market supply and demand are basically stable. Due to the high sulfuric acid price, downstream enterprises have been under pressure, while downstream phosphate fertilizer demand has weakened, and demand for sulfuric acid in the later period may decrease, and sulfuric acid prices are expected to be mainly adjusted within a narrow range.