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[Sulfuric acid] Sulfuric acid market price analysis on February 23

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February 23, 2024, 5:29 PM

Analysis of sulfuric acid market price on February 23

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on February 22

on February 23

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

140-220

140-220

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

210-270

210-270

0

Jiangxi area

98% smelting acid

90-140

90-140

0

Henan area

98% smelting acid

30/100

60-130

+30/+30

Hubei area

98% smelting acid

200-250(Factory price)

200-250(Factory price)

0

Guangxi region

98% smelting acid

280-350(Factory price)

280-350(Factory price)

0

Yunnan region

98% smelting acid

390-460(Factory price)

430-460(Factory price)

+40/0

Fujian area

98% smelting acid

190-290

190-290

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

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

200-280

200-280

0

Hebei region

98% mineral acid

150-240

150-240

0

Sichuan region (ex-factory price)

98% mineral acid

400-550

400-550

0

 

Today, the general trend of China's sulfuric acid market is stable. As of now, the ex-factory transaction price of 98% of smelted acid in Henan is 60-130 yuan/ton, and the arrival price of 98% of smelted acid in Yunnan is 430-460 yuan/ton. Recently, the market has been affected by the maintenance of acid plants in some regions. Coupled with the increase in sulfuric acid prices in many regions this week, shipments in the sulfuric acid market are relatively good, and the price of new orders has increased slightly by 30 yuan/ton; Demand in the downstream market is stable. Acid factories in some areas are looking at the late-stage market, and the sulfuric acid market is operating well.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 23 was 235.23, an increase of 3.85 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.