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[Sulfuric acid] Sulfuric acid market price analysis on April 17

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April 17, 2024, 5:11 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 16

April 17

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

300-390

300-390

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

200-240

200-240

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

60-200

60-200

0

Hubei area

98% smelting acid

200-330(Factory price)

200-330(Factory price)

0

Guangxi region

98% smelting acid

450-550(Factory price)

450-550(Factory price)

0

Yunnan region

98% smelting acid

460-550(Factory price)

460-550(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

250-370

250-370

0

mineral acid

Shandong area

98% mineral acid

200-300

200-300

0

Guangdong area

98% mineral acid

380-450

380-450

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 price of sulfuric acid in China has temporarily stabilized. As of now, the factory price of 98% of smelting acid in Hubei is 200-330 yuan/ton, and the factory price of 98% of smelting acid in Gansu is 250-370 yuan/ton. In Gansu, due to the main acid companies reducing production, supply is less than demand, downstream demand remains stable, and acid prices have increased slightly; At present, downstream phosphate fertilizer demand in most regions is sluggish, new sulfuric acid orders are under high pressure, and China's acid prices have been adjusted to varying degrees. Although the acid prices have been lowered, downstream companies are still relatively cautious in purchasing, the market transaction atmosphere is deadlocked, and the sulfuric acid market is weak.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 17 was 358.27, which was the same as yesterday.

 


3. Future outlook forecast

This month, the main acid factories in some regions took turns for maintenance. The overall market supply shrank, the demand for downstream phosphate fertilizers weakened, and the supply and demand of the sulfuric acid market were both weak. The market supply and demand were in a game. Sulfuric acid prices were expected to fluctuate, and the transaction price was negotiated on a single basis. However, as the maintenance companies resumed production in the later period, the supply of sulfuric acid is expected to increase, and the acid price may have downward expectations.