[Sulfuric acid] Sulfuric acid market price analysis on May 28

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May 28, 2024, 4:02 PM

Analysis of sulfuric acid market price on May 28

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 27	May 28	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	520-600	520-600	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	240-320	240-320	0
	Jiangxi area	98% smelting acid	160-210	160-210	0
	Henan area	98% smelting acid	50-130	40-130	-10/0
	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	350-500	350-500	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	170-230	20/0
	Guangdong area	98% mineral acid	340-380	320-380	-20/0
	Hebei region	98% mineral acid	250-370	250-370	0
	Sichuan region (ex-factory price)	98% mineral acid	550-650	550-650	0

Today, China's sulfuric acid market is consolidating. As of now, the price of 98% ore acid in Shandong is at 170-320 yuan/ton, and the ex-factory price of 98% sulfuric acid in Hebei is at 300-400 yuan/ton; the ex-factory price of 98% ore acid is at 260-380 yuan/ton; Recently, the shipments of Chinese acid companies have been relatively good, downstream demand has remained stable, and the sulfuric acid market has temporarily stabilized; Acid prices in some regions are mixed, with high downstream cost pressure. Sulphuric acid prices in some areas around Hebei are low, which has had an impact on acid prices in the region, and the focus of market transactions has declined.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 28 was 298.85, an increase of 0.38 from yesterday.

3. Future outlook forecast

The start-up of enterprises in the sulfuric acid market is basically stable, and maintenance enterprises in some regions have resumed production. The supply of sulfuric acid is expected to increase; 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.