[Sulfuric acid] Analysis of Sulfuric acid market price on March 26
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March 26, 2024, 6:34 PM Analysis of sulfuric acid market price on March 26
1. Market price of sulfuric acid in China
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
March 25 |
March 26 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
230-330 |
230-330 |
0 |
|
Jiangsu area |
98% sulfuric acid |
310-430 |
310-430 |
0 |
|
|
Zhejiang area |
98% sulfuric acid |
380-480 |
380-480 |
0 |
|
|
Sichuan region (ex-factory price) |
98% sulfuric acid |
500-650 |
500-650 |
0 |
|
|
Hebei region |
98% sulfuric acid |
290-410 |
290-410 |
0 |
|
|
smelting acid |
Anhui area |
98% smelting acid |
200-250 |
240-290 |
40/40 |
|
Shandong area |
98% smelting acid |
50-265 |
50-265 |
0 |
|
|
Hunan area |
98% smelting acid |
350-410 |
350-410 |
0 |
|
|
Jiangxi area |
98% smelting acid |
190-240 |
250-300 |
60/60 |
|
|
Henan area |
98% smelting acid |
80-200 |
80-200 |
0 |
|
|
Hubei area |
98% smelting acid |
300-400(Factory price) |
300-400(Factory price) |
0 |
|
|
Guangxi region |
98% smelting acid |
400-500(Factory price) |
450-550(Factory price) |
50/50 |
|
|
Yunnan region |
98% smelting acid |
600-700(Factory price) |
600-700(Factory price) |
0 |
|
|
Fujian area |
98% smelting acid |
380-480 |
380-480 |
0 |
|
|
Inner Mongolia region |
98% smelting acid |
180-330 |
180-330 |
0 |
|
|
Liaoning area |
98% smelting acid |
180-350 |
180-350 |
0 |
|
|
Sichuan area (delivery price) |
98% smelting acid |
450-550 |
450-550 |
0 |
|
|
Guizhou area |
98% smelting acid |
380-450 |
450-500 |
70/50 |
|
|
Zhejiang area |
98% smelting acid |
310-350 |
310-350 |
0 |
|
|
Gansu region |
98% smelting acid |
220-340 |
220-340 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
160-250 |
180-280 |
20/30 |
|
Guangdong area |
98% mineral acid |
350-400 |
350-400 |
0 |
|
|
Hebei region |
98% mineral acid |
280-380 |
280-380 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
550-650 |
550-650 |
0 |
Today, China's sulfuric acid market maintains an upward trend. As of now, the ex-factory price of 98% of smelted acid in Jiangxi is between 250-300 yuan/ton, and the price of 98% of smelted acid in Guangxi is between 450-550 yuan/ton; China's acid factory inventories remain low, and company shipments are smooth. Coupled with the impact of the increase in acid prices in many regions of China, acid prices in Guangxi, Guizhou, Shandong and other regions have increased slightly today; Downstream demand remained stable, but acid prices were rising at a high level. Downstream companies were under pressure to purchase high-priced sulfuric acid on demand, and the market was operating steadily.
2. Sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on March 26 was 360.58, an increase of 11.54 or 3%, from yesterday.
3. Future outlook forecast
China's sulfuric acid market maintains its upward trend, with market supply expectations decreasing. Under the demand for stocking in the downstream market, the sulfuric acid market remains in short supply, which provides strong support for prices. Sulfuric acid prices will continue to operate at high levels in the short term.