[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 29

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April 29, 2024, 5:01 PM

Analysis of sulfuric acid market price on April 29

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 28	April 29	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	70-345	70-345	0
	Hunan area	98% smelting acid	250-340	250-340	0
	Jiangxi area	98% smelting acid	160-210	160-210	0
	Henan area	98% smelting acid	60-200	60-200	0
	Hubei area	98% smelting acid	180-300(Factory price)	180-250(Factory price)	0-50
	Guangxi region	98% smelting acid	450-530(Factory price)	450-530(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	270-450	0/+30
	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	300-450	300-450	0
	Zhejiang area	98% smelting acid	190-250	190-250	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, China's sulfuric acid market is generally stable, and prices in some regions have been slightly lowered. As of now, the factory price of 98% of smelting acid in Hubei is at 180-250 yuan/ton, and the price of 98% of smelting acid in Inner Mongolia is at 270-450 yuan/ton; The price reduction in Hubei is mainly due to the weakening of downstream phosphate fertilizer demand and the reduction of market demand. However, the pre-maintenance enterprises in the region have resumed production, the relationship between supply and demand of sulfuric acid has been unbalanced, and the price of new orders in the region has been slightly lowered; At present, the price of sulfuric acid remains basically low. As the acid plants in some areas are overhauled and resumed production in the later period, the sulfuric acid market is still under pressure after the holiday.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 29 was 314.42, down 1.92 from yesterday, or 1%.

3. Future outlook forecast

Demand in the downstream sulfuric acid market is weak, the inventory of some acid plants has increased, while some acid plants under pre-maintenance have resumed production. The supply and demand game in the sulfuric acid market, and downstream companies are under cost pressure and temporarily maintain their just need to purchase. As the supply of sulfuric acid in some areas increases in the later period, acid prices or shocks downward.