[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 23
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April 23, 2024, 5:48 PM 1. Market price of sulfuric acid in China
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
April 22 |
April 23 |
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 |
280-340 |
-70/-70 |
|
|
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 |
190-300(Factory price) |
180-300(Factory price) |
-10/0 |
|
|
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 |
250-300 |
250-300 |
0 |
|
|
Gansu region |
98% smelting acid |
250-370 |
250-370 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
200-300 |
190-280 |
-10/-20 |
|
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, prices in some areas of China's sulfuric acid market are still weak. As of now, the price of 98% of smelted acid in Hubei is between 180-300 yuan/ton, and the price of 98% of smelted acid in Hunan is between 280-340 yuan/ton; Affected by the continuous downward adjustment of acid prices in some regions in recent days, acid prices in Hunan, Hubei and other regions have followed suit. In addition, the inventory of downstream enterprises is relatively sufficient, and demand for sulfuric acid remains strong, and sulfuric acid prices are operating under pressure; This week, areas around Guangdong were affected by rainfall, and the start of some acid plants was restricted. Coupled with the low inventory of acid plants, acid prices were temporarily stable and weak.
2. Sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on April 23 was 342.12, down 5.77 from yesterday, or 2%.
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.