[Sulfuric acid] Sulfuric acid market price analysis on May 21

3,721

May 21, 2024, 4:25 PM

Analysis of sulfuric acid market price on May 21

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 20	May 21	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	220-340	180-340	-40/0
	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	30-260	30-260	0
	Hunan area	98% smelting acid	220-320	240-320	20/0
	Jiangxi area	98% smelting acid	160-210	160-210	0
	Henan area	98% smelting acid	50-130	50-130	0
	Hubei area	98% smelting acid	180-250(Factory price)	180-250(Factory price)	0
	Guangxi region	98% smelting acid	400-500(Factory price)	400-500(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	400-500	400-500	0
	Guizhou area	98% smelting acid	300-380	300-380	0
	Zhejiang area	98% smelting acid	190-250	190-250	0
	Gansu region	98% smelting acid	220-340	220-340	0
mineral acid	Shandong area	98% mineral acid	150-230	150-230	0
	Guangdong area	98% mineral acid	340-380	340-380	0
	Hebei region	98% mineral acid	250-370	250-370	0
	Sichuan region (ex-factory price)	98% mineral acid	580-680	580-680	0

Today, China's sulfuric acid market is generally stable. As of now, the price of 98% smelting acid in Hunan is at 240-320 yuan/ton, and the price of 98% sulfuric acid in Shandong is at 180-340 yuan/ton. Some acid companies in Hunan are undergoing equipment maintenance, and the supply of sulfuric acid in the region is tight, and the acid price has been increased within a narrow range recently; the acid price in other regions has remained basically stable, downstream companies remain in need of procurement, and the inventory of some acid factories is under pressure, and prices are mainly discussed.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 21 was 305.38, an increase of 0.77 from yesterday, or 0%.

3. Future outlook forecast

This week, Shandong's early maintenance enterprises resumed production, the market started to remain stable, and the supply of sulfuric acid was relatively sufficient; some demand for downstream phosphate fertilizers may pick up, but the titanium dioxide market is weak. In the later stage, enterprises may have plans to reduce production. The supply and demand game in the sulfuric acid market, and the market wait-and-see mood is strong, and prices are expected to fluctuate.