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[Sulfuric acid] Analysis of Sulfuric acid market price on March 5

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March 5, 2024, 6:29 PM

Analysis of sulfuric acid market price on March 5

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

March 4

March 5

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

140-220

160-240

+20/+20

Jiangsu area

98% sulfuric acid

180-360

180-360

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

450-600

450-600

0

Hebei region

98% sulfuric acid

180-260

180-260

0

smelting acid

Anhui area

98% smelting acid

160-210

160-210

0

Shandong area

98% smelting acid

30-185

30-185

0

Hunan area

98% smelting acid

270-330

270-330

0

Jiangxi area

98% smelting acid

140-190

140-190

0

Henan area

98% smelting acid

60-150

60-150

0

Hubei area

98% smelting acid

260-300(Factory price)

260-300(Factory price)

0

Guangxi region

98% smelting acid

330-380(Factory price)

350-420(Factory price)

+20/+40

Yunnan region

98% smelting acid

460-550(Factory price)

500-550(Factory price)

+40/0

Fujian area

98% smelting acid

240-340

260-360

+20/+20

Inner Mongolia region

98% smelting acid

170-280

170-280

0

Liaoning area

98% smelting acid

180-350

180-350

0

Sichuan area (delivery price)

98% smelting acid

300-400

300-400

0

Guizhou area

98% smelting acid

220-300

320-400

+100/+20

Zhejiang area

98% smelting acid

270-310

270-310

0

Gansu region

98% smelting acid

180-290

180-290

0

mineral acid

Shandong area

98% mineral acid

110-180

110-180

0

Guangdong area

98% mineral acid

350-400

350-400

0

Hebei region

98% mineral acid

150-240

150-240

0

Sichuan region (ex-factory price)

98% mineral acid

400-550

450-600

+50/+50

 

Today, China's sulfuric acid market is operating well. As of now, the factory price of 98% of smelting acid in Yunnan market is 500-550 yuan/ton, and the price of 98% of smelting acid in Guizhou is 320-400 yuan/ton. Recently, some major acid factories have been shut down for maintenance. The supply of sulfuric acid in most areas has decreased, the market supply has remained tight, and the prices of new sulfuric acid orders have been increased one after another; Demand for chemical fertilizers continues to improve, chemical demand remains strong, supply of sulfuric acid is less than demand, corporate inventories are low, and the sulfuric acid market is operating strongly.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on March 5 was 269.85, up 9.62 or 4%, from yesterday.

 

3. Future outlook forecast

Due to the storage and maintenance plans of most acid plants this month, most companies have stocked up recently, and the supply of sulfuric acid market is tight; downstream market demand is stable and increasing, supported by positive factors in the sulfuric acid market, and acid prices in some regions are expected to rise again.