[Sulfuric acid] Sulfuric acid market price analysis on April 30

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April 30, 2024, 4:41 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	April 29	April 30	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	180-250(Factory price)	180-250(Factory price)	0
	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	270-450	270-450	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	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 operating steadily. As of now, the price of 98% of smelting acid in Anhui is at 150-200 yuan/ton, and the price of 98% of smelting acid in Zhejiang is at 190-250 yuan/ton; downstream demand is still sluggish, and acid prices in most regions have fallen to low levels. As prices have been lowered, the shipping pressure on acid factories is still high; the sulfuric acid market has a strong wait-and-see attitude, and demand is difficult to relieve in the short term. Market transactions have remained low, and the sulfuric acid market price has temporarily stabilized.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 30 was 314.42, which was the same as yesterday.

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.