[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 26

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April 26, 2024, 4:15 PM

Analysis of sulfuric acid market price on April 26

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 25	April 26	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	240-390	240-390	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	130-345	130-345	0
	Hunan area	98% smelting acid	280-340	280-340	0
	Jiangxi area	98% smelting acid	250-300	160-210	-90/90
	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	300-450	-150/-100
	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, prices in some regions of China's sulfuric acid market have been lowered. As of now, the price of 98% of smelting acid in Guizhou is at 300-450 yuan/ton, and the price of 98% of smelting acid in Guangxi is at 520-580 yuan/ton. Recently, the sulfuric acid market has been deadlocked, and prices in some regions have been adjusted within a narrow range; overall downstream demand is relatively stable. The shipments of major acid factories in some regions are good, inventories remain low, and prices are stable; There is pressure on sulfuric acid shipments in some regions, coupled with the adjustment of export ratios, and the price of new orders in China has been lowered.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 26 was 333.27, down 9.62 from yesterday, or 3%.

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.