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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on February 26

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February 26, 2024, 5:19 PM

Analysis of sulfuric acid market price on February 26

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on February 23

on February 26

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

140-220

150-220

+10/0

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

60-130

60-130

0

Hubei area

98% smelting acid

200-250(Factory price)

200-250(Factory price)

0

Guangxi region

98% smelting acid

280-350(Factory price)

330-380(Factory price)

+50/+30

Yunnan region

98% smelting acid

430-460(Factory price)

430-460(Factory price)

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, individual prices in China's sulfuric acid market have increased slightly. As of now, the factory price of 98% of smelted acid in Guangxi is 330-380 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is 1-185 yuan/ton; Recently, China's sulphuric acid market prices have basically remained stable, companies have some orders in hand, and shipments have remained good; Near the end of the month, individual companies in Shandong have maintenance plans, and sulfuric acid prices are expected to operate firmly; At present, the supply and demand situation in China's sulfuric acid market is basically balanced, but prices are expected to operate at high levels under the expected production reduction of equipment.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on February 26 was 238.31, an increase of 3.08 or 1%, from the previous working day.

 

3. Future outlook forecast

As the downstream market demand continues to recover, the sulfuric acid market demand remains good. Currently, the acid factory has some orders in hand, and the market price continues to increase. The supply in the sulfuric acid market is less than demand, and the price may be expected to rise again.