[Sulfuric acid] Sulfuric acid market price analysis on May 11

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May 11, 2024, 4:04 PM

Analysis of sulfuric acid market price on May 11

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 10	May 11	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	220-340	220-340	0
	Jiangsu area	98% sulfuric acid	200-330	200-330	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	290-400	290-400	0
smelting acid	Anhui area	98% smelting acid	200-240	200-240	0
	Shandong area	98% smelting acid	55-300	30-280	-25/-20
	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	490-580(Factory price)	490-580(Factory price)	0
	Fujian area	98% smelting acid	330-430	330-430	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	150-250	150-250	0
	Guangdong area	98% mineral acid	380-410	380-410	0
	Hebei region	98% mineral acid	260-380	260-380	0
	Sichuan region (ex-factory price)	98% mineral acid	580-680	580-680	0

Today, China's sulfuric acid market is operating weakly and steadily. As of now, the ex-factory price of 98% of smelting acid in Shandong is between 55-280 yuan/ton, and the price of 98% of smelting acid in Zhejiang is between 190-250 yuan/ton. Recently, the decline in the sulfuric acid market has slowed down, and acid prices in some regions have fallen to low levels; downstream demand is weak, and acid factories have high shipping pressure. Some manufacturers have exhausted their inventories, and acid prices in some regions may have downward expectations.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 11 was 309.23, down 1.77 from yesterday, or 1%.

3. Future outlook forecast

The downstream sulfuric acid market is in a downturn, the inventory of some acid plants has increased, and companies have high shipping pressure. 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.