[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 28
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April 28, 2024, 5:40 PM 1. Market price of sulfuric acid in China
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
April 26 |
April 28 |
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 |
70-345 |
-60/0 |
|
|
Hunan area |
98% smelting acid |
280-340 |
250-340 |
-30/0 |
|
|
Jiangxi area |
98% smelting acid |
160-210 |
160-210 |
0 |
|
|
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) |
450-530(Factory price) |
0/-20 |
|
|
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 |
300-450 |
300-450 |
0 |
|
|
Zhejiang area |
98% smelting acid |
250-300 |
190-250 |
-60/-50 |
|
|
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, China's sulfuric acid market is still operating weakly. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is at 70-345 yuan/ton, and the price of 98% of the smelting acid price in Zhejiang is at 190-250 yuan/ton; Downstream demand is weak, except for phosphate fertilizer demand has weakened, and the demand for compound fertilizers has basically ended. The shipment pressure of acid factories is high. The inventory of some companies has increased. In addition, some market participants have been bearish on the market behind, and sulfuric acid prices have been under pressure.
2. Sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on April 28 was 316.35, down 16.92 from the previous working day, a decrease of 5%.
3. Future outlook forecast
Demand in the downstream sulfuric acid market is weak, the inventory of some acid plants has increased, while some acid plants under pre-maintenance have resumed production. The supply and demand game in the sulfuric acid market, and downstream companies are under cost pressure and temporarily maintain their just need to purchase. As the supply of sulfuric acid in some areas increases in the later period, acid prices or shocks downward.