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[Sulfuric acid] Sulfuric acid market price analysis on February 18

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February 18, 2024, 5:34 PM

Analysis of sulfuric acid market price on February 18

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

February 6

February 18

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

100-220

100-220

0

Jiangsu area

98% sulfuric acid

140-280

140-330

0/+5

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

400-550

400-550

0

Hebei region

98% sulfuric acid

180-260

180-260

0

smelting acid

Anhui area

98% smelting acid

80-130

80-130

0

Shandong area

98% smelting acid

1-165

1-185

0/+20

Hunan area

98% smelting acid

180-240

180-240

0

Jiangxi area

98% smelting acid

70-140

70-140

0

Henan area

98% smelting acid

30/100

30/100

0

Hubei area

98% smelting acid

160-220(Factory price)

160-220(Factory price)

0

Guangxi region

98% smelting acid

280-330(Factory price)

280-330(Factory price)

0

Yunnan region

98% smelting acid

330-400(Factory price)

330-400(Factory price)

0

Fujian area

98% smelting acid

160-260

160-260

0

Inner Mongolia region

98% smelting acid

200-300

200-300

0

Liaoning area

98% smelting acid

210-380

210-380

0

Sichuan area (delivery price)

98% smelting acid

200-350

200-350

0

Guizhou area

98% smelting acid

220-300

220-300

0

Zhejiang area

98% smelting acid

200-240

200-240

0

Gansu region

98% smelting acid

180-290

180-290

0

mineral acid

Shandong area

98% mineral acid

80-110

110-160

+30/+50

Guangdong area

98% mineral acid

150-250

150-250

0

Hebei region

98% mineral acid

150-240

150-240

0

Sichuan region (ex-factory price)

98% mineral acid

400-550

400-550

0

 

After the festival, the price of sulfuric acid in Shandong continued to rise slightly. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is 1-185 yuan/ton, and the factory price of 98% of the smelting acid in Yunnan is 330-400 yuan/ton; Due to the low inventory before the festival, due to the consumption of downstream terminal raw materials, the new prices of some acid companies in the zone in the post-festival area have been raised, and companies have mainly scheduled orders and shipped; Downstream demand in Yunnan has been recovering one after another, and the inventory of acid plants is on a downward trend. The supply of sulfuric acid in the region is tight, and acid prices may be expected to rise.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 18 was 214.85, an increase of 1.92 or 1% from the previous working day.

 

3. Future outlook forecast

After the holiday, the price of sulfuric acid will increase slightly, and prices in some regions may follow suit; the supply and demand relationship in the sulfuric acid market is basically balanced, but in the later period, some acid factories have maintenance plans, supply expectations will decrease, and prices may operate firmly.