[Sulfuric acid] Sulfuric acid market price analysis on May 29

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May 29, 2024, 3:03 PM

Analysis of sulfuric acid market price on May 29

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	May 28	May 29	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	220-340	210-340	-10/0
	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	200-250	40/40
	Henan area	98% smelting acid	40-130	40-130	0
	Hubei area	98% smelting acid	180-250(Factory price)	200-260(Factory price)	20/10
	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	350-480	0/-20
	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	170-230	170-230	0
	Guangdong area	98% mineral acid	320-380	320-380	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, prices in some regions of China's sulfuric acid market are mixed. As of now, the price of 98% of smelted acid in Jiangxi is between 200-250 yuan/ton, and the price of 98% of smelted acid in Hubei is between 200-260 yuan/ton; Sulfuric acid market demand continues to diverge. At present, acid factories in some regions are still under maintenance, and the sulfuric acid market is under-staffed. In some regions, due to the low inventory of the main acid factories, the price increase of new orders by companies is firm; Due to the improvement in demand for phosphate fertilizers, the overall demand in the sulfuric acid market has been relatively stable. Companies have maintained a need to purchase, and prices have also temporarily stabilized.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 29 was 299.23, an increase of 0.38 or 0%, 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.