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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 8

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April 8, 2024, 5:15 PM

Analysis of sulfuric acid market price on April 8

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 7

April 8

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

580-680

580-680

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

110-345

110-345

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)

280-380(Factory price)

-20/-20

Guangxi region

98% smelting acid

450-550(Factory price)

450-550(Factory price)

0

Yunnan region

98% smelting acid

540-630(Factory price)

460-550(Factory price)

-80/-80

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

250-300

250-300

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

580-680

580-680

0

 

Today, the mainstream price in China's sulfuric acid market is stable, and the price of smelting acid in Yunnan has dropped from a high level, with a drop of 80 yuan/ton. As of now, the factory price of 98% of smelting acid in Yunnan is 460-550 yuan/ton, and 98% of smelting acid in Henan is at factory price of 80-200 yuan/ton; Due to the maintenance of acid plants in some areas, the supply of sulfuric acid has decreased slightly. Due to the high price of sulfuric acid, the cost of downstream phosphate fertilizer and other industries has been under pressure. Market demand has weakened. Supply and demand in the sulfuric acid market have both decreased, and the overall market price has been adjusted within a narrow range; the downstream market has started to operate at a high level. Although enterprises are more cautious in purchasing, the market still needs it, and sulfuric acid prices will maintain stability in the short term.


2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 8 was 365.19, down 9.23 from yesterday, or 2%.

 


3. Future outlook forecast

This month, the main acid factories in some regions took turns for maintenance, and the overall market supply has shrunk. However, the downstream supply has been completed in the early stage, and the market supply and demand are basically stable. Due to the high sulfuric acid price, downstream enterprises have been under pressure, while downstream phosphate fertilizer demand has weakened, and demand for sulfuric acid in the later period may decrease, and sulfuric acid prices are expected to be mainly adjusted within a narrow range.