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[Sulfuric acid] Sulfuric acid market price analysis on April 30

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April 30, 2024, 4:41 PM

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

April 29

April 30

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

180-250(Factory price)

180-250(Factory price)

0

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

270-450

270-450

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

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 operating steadily. As of now, the price of 98% of smelting acid in Anhui is at 150-200 yuan/ton, and the price of 98% of smelting acid in Zhejiang is at 190-250 yuan/ton; downstream demand is still sluggish, and acid prices in most regions have fallen to low levels. As prices have been lowered, the shipping pressure on acid factories is still high; the sulfuric acid market has a strong wait-and-see attitude, and demand is difficult to relieve in the short term. Market transactions have remained low, and the sulfuric acid market price has temporarily stabilized.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on April 30 was 314.42, which was the same as yesterday.

 


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.