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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 3

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April 3, 2024, 3:37 PM

Analysis of sulfuric acid market price on April 3

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 2

April 3

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

280-390

280-390

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

110-325

110-325

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

540-630(Factory price)

540-630(Factory price)

0

Fujian area

98% smelting acid

380-480

380-480

0

Inner Mongolia region

98% smelting acid

270-420

270-420

0

Liaoning area

98% smelting acid

260-430

260-430

0

Sichuan area (delivery price)

98% smelting acid

450-550

450-550

0

Guizhou area

98% smelting acid

450-550

450-550

0

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

260-300

260-300

0

Guangdong area

98% mineral acid

380-400

380-400

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, the price of sulfuric acid in China has remained stable. As of now, the ex-factory price of 98% of sulfuric acid in Hebei is 310-430 yuan/ton; the ex-factory price of 98% of ore acid is 300-400 yuan/ton; and the price of 98% of smelting acid in Shandong is 110-325 yuan/ton; the overall operation of the sulfuric acid market has been relatively stable recently, and the market price has not changed much; Downstream demand is stable, and acid factories have some orders in hand. However, due to high prices, downstream companies are under pressure on production. The market purchasing sentiment is also cautious compared with the previous period, and the market has a strong wait-and-see attitude.


2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 3 was 373.65, which was the same as yesterday.

 

3. Future outlook forecast

Under the influence of expected maintenance 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. Market procurement has also been cautious compared to the early stage, and some acid prices in the southern region are expected to weaken in the later stage.