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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on April 29

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April 29, 2024, 5:01 PM

Analysis of sulfuric acid market price on April 29

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 28

April 29

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

70-345

70-345

0

Hunan area

98% smelting acid

250-340

250-340

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)

180-250(Factory price)

0-50

Guangxi region

98% smelting acid

450-530(Factory price)

450-530(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

270-450

0/+30

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

190-250

190-250

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, China's sulfuric acid market is generally stable, and prices in some regions have been slightly lowered. As of now, the factory price of 98% of smelting acid in Hubei is at 180-250 yuan/ton, and the price of 98% of smelting acid in Inner Mongolia is at 270-450 yuan/ton; The price reduction in Hubei is mainly due to the weakening of downstream phosphate fertilizer demand and the reduction of market demand. However, the pre-maintenance enterprises in the region have resumed production, the relationship between supply and demand of sulfuric acid has been unbalanced, and the price of new orders in the region has been slightly lowered; At present, the price of sulfuric acid remains basically low. As the acid plants in some areas are overhauled and resumed production in the later period, the sulfuric acid market is still under pressure after the holiday.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 29 was 314.42, down 1.92 from yesterday, or 1%.

 


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.