[Sulfuric acid] Sulfuric acid market price analysis on May 7

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May 7, 2024, 5:22 PM

Analysis of sulfuric acid market price on May 7

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 6	May 7	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	240-390	240-370	0/-20
	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	290-400	0/-10
smelting acid	Anhui area	98% smelting acid	200-240	200-240	0
	Shandong area	98% smelting acid	55-345	55-345	0
	Hunan area	98% smelting acid	220-300	220-300	0
	Jiangxi area	98% smelting acid	160-210	160-210	0
	Henan area	98% smelting acid	50-150	50-150	0
	Hubei area	98% smelting acid	180-250(Factory price)	180-250(Factory price)	0
	Guangxi region	98% smelting acid	430-500(Factory price)	430-500(Factory price)	0
	Yunnan region	98% smelting acid	460-550(Factory price)	490-550(Factory price)	30/0
	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	260-450	260-450	0
	Sichuan area (delivery price)	98% smelting acid	450-550	450-550	0
	Guizhou area	98% smelting acid	300-400	300-400	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	165-260	-25/-20
	Guangdong area	98% mineral acid	380-450	380-410	0/-40
	Hebei region	98% mineral acid	280-380	260-380	-20/0
	Sichuan region (ex-factory price)	98% mineral acid	580-680	580-680	0

Today, China's sulfuric acid market is operating weakly. As of now, the price of 98% ore acid in Shandong is between 165-260 yuan/ton, and the price of 98% sulfuric acid is between 240-370 yuan/ton; the price of 98% ore acid in Hebei is between 260-380 yuan/ton; Phosphate fertilizer companies in the downstream market are still in need of procurement, but this week, some acid plants for preliminary maintenance resumed construction. The expectation of starting sulfuric acid production increased, and the sulfuric acid market was bearish. Many markets are not optimistic about the future outlook, and there is a strong resistance to acid prices. The sulfuric acid market is stable and weak.

2. Sulfuric acid price index

According to Tdd-global's data, the sulfuric acid market price index on May 7 was 306.92, an increase of 1.15 from yesterday, or 0%.

3. Future outlook forecast

The downstream sulfuric acid market is in a downturn, the inventory of some acid plants has increased, and the shipping pressure of enterprises is high. After the holiday, the acid prices in some areas of East China and Central China have been lowered. The supply of sulfuric acid in Northeast China is still tight. The sulfuric acid market is divided between the two places. In the later period, the acid price is expected to be narrow. Running in shock.