[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 8

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April 8, 2024, 5:15 PM

Analysis of sulfuric acid market price on April 8

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 7	April 8	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	580-680	580-680	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	110-345	110-345	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)	280-380(Factory price)	-20/-20
	Guangxi region	98% smelting acid	450-550(Factory price)	450-550(Factory price)	0
	Yunnan region	98% smelting acid	540-630(Factory price)	460-550(Factory price)	-80/-80
	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	250-300	250-300	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	580-680	580-680	0

Today, the mainstream price in China's sulfuric acid market is stable, and the price of smelting acid in Yunnan has dropped from a high level, with a drop of 80 yuan/ton. As of now, the factory price of 98% of smelting acid in Yunnan is 460-550 yuan/ton, and 98% of smelting acid in Henan is at factory price of 80-200 yuan/ton; Due to the maintenance of acid plants in some areas, the supply of sulfuric acid has decreased slightly. Due to the high price of sulfuric acid, the cost of downstream phosphate fertilizer and other industries has been under pressure. Market demand has weakened. Supply and demand in the sulfuric acid market have both decreased, and the overall market price has been adjusted within a narrow range; the downstream market has started to operate at a high level. Although enterprises are more cautious in purchasing, the market still needs it, and sulfuric acid prices will maintain stability in the short term.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 8 was 365.19, down 9.23 from yesterday, or 2%.

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.