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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 1

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April 1, 2024, 5:18 PM

Analysis of sulfuric acid market price on April 1

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

March 29

April 1

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

270-390

280-390

10/0

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

240-290

240-290

0

Shandong area

98% smelting acid

80-325

110-325

30/0

Hunan area

98% smelting acid

350-410

350-410

0

Jiangxi area

98% smelting acid

250-300

250-300

0

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

450-550(Factory price)

450-550(Factory price)

0

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

270-420

90/90

Liaoning area

98% smelting acid

180-350

260-430

80/80

Sichuan area (delivery price)

98% smelting acid

450-550

450-550

0

Guizhou area

98% smelting acid

450-500

450-550

0/50

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

230-300

260-300

30/0

Guangdong area

98% mineral acid

350-400

380-400

30/0

Hebei region

98% mineral acid

280-380

280-380

0

Sichuan region (ex-factory price)

98% mineral acid

550-650

550-650

0

 

Today, prices in some regions of China's sulfuric acid market have risen at high levels. As of now, the price of 98% of smelted acid in Shandong is at 110-325 yuan/ton, and the price of 98% of smelted acid in Inner Mongolia is at 270-420 yuan/ton; The sulphuric acid market has maintained an upward trend, and the overall market demand is good. Acid companies have some orders in hand, and manufacturers 'inventories remain low. Under the expected overhaul of the main acid factories in the second quarter, the market supply has been reduced, and acid prices in some regions have increased slightly; Supply and demand of sulfuric acid in areas where the acid plant is started and stable is basically balanced, and market prices are temporarily stable.


2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 1 was 378.65, an increase of 11.62 from the previous working day, or 3%.

 

3. Future outlook forecast

Under the influence of expected overhauls in the second quarter, the difference between supply and demand in the sulfuric acid market has gradually diverged. This week, the acid price in some northern regions has increased slightly, while the acid price in the southern region has remained high. However, due to the high price of sulfuric acid, some downstream industries have experienced greater cost pressure, and market procurement is also cautious compared with the previous period.