[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 24

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April 24, 2024, 5:02 PM

Analysis of sulfuric acid market price on April 24

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 23	on April 24	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	260-390	240-390	-20/0
	Jiangsu area	98% sulfuric acid	280-380	280-380	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	200-240	200-240	0
	Shandong area	98% smelting acid	110-345	130-345	20/0
	Hunan area	98% smelting acid	280-340	280-340	0
	Jiangxi area	98% smelting acid	250-300	250-300	0
	Henan area	98% smelting acid	60-200	60-200	0
	Hubei area	98% smelting acid	180-300(Factory price)	180-300(Factory price)	0
	Guangxi region	98% smelting acid	450-550(Factory price)	450-550(Factory price)	0
	Yunnan region	98% smelting acid	460-550(Factory price)	460-550(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	250-300	250-300	0
	Gansu region	98% smelting acid	250-370	250-370	0
mineral acid	Shandong area	98% mineral acid	190-280	190-280	0
	Guangdong area	98% mineral acid	380-450	380-450	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 remains stable. As of now, the price of 98% of smelting acid in Shandong is at 130-345 yuan/ton, and the price of 98% of smelting acid in Anhui is at 200-240 yuan/ton. The downstream titanium dioxide market has started at a high level, coupled with the demand in other industries is basically stable, and sulfuric acid just needs to be supported. Demand for phosphate fertilizers in most areas has weakened. However, acid plants continue to be overhauled, the supply and demand of sulfuric acid have both decreased, and the market price adjustment is limited; Recently, due to the tight supply of acid plants in some regions, sulfuric acid prices have increased within a narrow range. The market has stabilized slightly, and the transaction atmosphere has been good.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 24 was 342.88, an increase of 0.77 from yesterday, or 0%.

3. Future outlook forecast

Demand for sulfuric acid continued to weaken, while some acid plants under pre-maintenance resumed production. The supply and demand game in the sulfuric acid market resulted in a temporary stabilization of demand in the downstream chemical industry. However, companies were under cost pressure and temporarily maintained their need for procurement. As the supply of sulfuric acid in some areas increased in the later period, the acid price or shock operation.