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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 26

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April 26, 2024, 4:15 PM

Analysis of sulfuric acid market price on April 26

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 25

April 26

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

240-390

240-390

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

130-345

130-345

0

Hunan area

98% smelting acid

280-340

280-340

0

Jiangxi area

98% smelting acid

250-300

160-210

-90/90

Henan area

98% smelting acid

60-200

60-200

0

Hubei area

98% smelting acid

180-300(Factory price)

180-300(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

300-450

-150/-100

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

190-280

190-280

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, prices in some regions of China's sulfuric acid market have been lowered. As of now, the price of 98% of smelting acid in Guizhou is at 300-450 yuan/ton, and the price of 98% of smelting acid in Guangxi is at 520-580 yuan/ton. Recently, the sulfuric acid market has been deadlocked, and prices in some regions have been adjusted within a narrow range; overall downstream demand is relatively stable. The shipments of major acid factories in some regions are good, inventories remain low, and prices are stable; There is pressure on sulfuric acid shipments in some regions, coupled with the adjustment of export ratios, and the price of new orders in China has been lowered.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 26 was 333.27, down 9.62 from yesterday, or 3%.

 

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 operation.