[Sulfuric acid] Sulfuric acid market price analysis on May 24

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May 24, 2024, 5:49 PM

Analysis of sulfuric acid market price on May 24

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 22	May 24	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	180-340	180-340	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	520-600	-60/-80
	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	240-320	240-320	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	370-480(Factory price)	370-480(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	350-500	-50/0
	Guizhou area	98% smelting acid	280-320	280-320	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	550-680	-30/0

Today, China's sulfuric acid market has temporarily stabilized. As of now, the factory price of 98% of smelted acid in Guangxi is 370-480 yuan/ton, the factory price of 98% of smelted acid in Sichuan is 350-500 yuan/ton, and the factory price of 98% of ore acid is 550-680 yuan/ton; this week, due to the continued decline in downstream titanium dioxide prices in the phosphate fertilizer market in Sichuan, corporate cost pressure was greater, and the transaction price of new sulphuric acid orders weakened; At present, the supply of sulfuric acid in the market is basically relatively stable. Acid companies in some regions have been overhauled. The supply and demand of the sulfuric acid market have maintained a weak balance, and market prices have maintained a stable operation.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 24 was 298.46, down 1.92 from yesterday, or 1%.

3. Future outlook forecast

The start-up of enterprises in the sulfuric acid market is basically stable and the market supply is sufficient; some demand for downstream phosphate fertilizers may pick up, but the titanium dioxide market is weak, and enterprises may have plans to reduce production in the later period. The supply and demand game in the sulfuric acid market, the market has a strong wait-and-see attitude, and prices are expected to fluctuate.