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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 22

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April 22, 2024, 5:17 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 19

April 22

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

260-390

260-390

0

Jiangsu area

98% sulfuric acid

280-380

280-380

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)

190-300(Factory price)

-10/-30

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

250-300

250-300

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, China's sulfuric acid market is weak and stable. As of now, the factory price of 98% of smelted acid in Hubei is between 190-300 yuan/ton, and the factory transaction price of 98% of smelted acid in Henan is between 60-200 yuan/ton; In the off-season of the downstream phosphate fertilizer market, demand for sulfuric acid has weakened. Although the supply of sulfuric acid in most regions has shrunk, the relationship between supply and demand of sulfuric acid in China is still unbalanced. The acid price in some regions has dropped slightly, and the sulfuric acid market has operated steadily and weakly.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 22 was 347.88, down 1.54 from the previous working day, or 0%.

 

3. Future outlook forecast

Demand for sulfuric acid continued to weaken, while some acid plants under pre-maintenance resumed production. The supply and demand game in the sulfuric acid market resulted in a temporary stabilization of demand in the downstream chemical industry. However, companies were under cost pressure and temporarily maintained their need for procurement. As the supply of sulfuric acid in some areas increased in the later period, the acid price or shock downward.