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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on February 21

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February 22, 2024, 5:27 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on February 20

on February 21

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

120-220

140-220

+20/0

Jiangsu area

98% sulfuric acid

140-330

140-330

0

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

110-160

110-160

0

Shandong area

98% smelting acid

1-185

1-185

0

Hunan area

98% smelting acid

180-240

210-270

+30/+30

Jiangxi area

98% smelting acid

90-140

90-140

0

Henan area

98% smelting acid

30/100

30/100

0

Hubei area

98% smelting acid

190-230(Factory price)

190-230(Factory price)

0

Guangxi region

98% smelting acid

280-330(Factory price)

280-330(Factory price)

0

Yunnan region

98% smelting acid

390-460(Factory price)

390-460(Factory price)

0

Fujian area

98% smelting acid

160-260

190-290

+30/+30

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

220-260

220-260

0

Gansu region

98% smelting acid

180-290

180-290

0

mineral acid

Shandong area

98% mineral acid

110-160

110-160

0

Guangdong area

98% mineral acid

150-250

200-280

+50/+30

Hebei region

98% mineral acid

150-240

150-240

0

Sichuan region (ex-factory price)

98% mineral acid

400-550

400-550

0

 

Today, China's sulfuric acid market is operating well. As of now, the price of 98% ore acid in Guangdong is between 200-280 yuan/ton, and the mainstream price of 98% smelting acid in Hunan is between 130-240 yuan/ton; Recently, the overall shipment situation of sulfuric acid companies has been good. The main reason is that acid plants in some areas such as Hunan and Guangdong have begun to enter into maintenance one after another, and there will be plans for the storage and maintenance of acid plants in the market next month. As market supply expectations are reduced, acid plants have a strong price increase. Market prices have increased slightly.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 21 was 229.46, an increase of 4.62 or 2%, from yesterday.

 


3. Future outlook forecast

Recently, the price of sulfuric acid has increased slightly, and prices in some regions may follow suit. As acid plants in some regions have begun maintenance one after another, and acid plants have re-established maintenance plans in the later period, supply expectations have decreased, and sulfuric acid prices are expected to rise again.