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[Sulfuric acid] Sulfuric acid market price analysis on May 24

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May 24, 2024, 5:49 PM

Analysis of sulfuric acid market price on May 24

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making

markets

Type of acid making

May 22

May 24

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

180-340

180-340

0

Jiangsu area

98% sulfuric acid

200-330

200-330

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

580-680

520-600

-60/-80

Hebei region

98% sulfuric acid

290-400

290-400

0

smelting acid

Anhui area

98% smelting acid

200-240

200-240

0

Shandong area

98% smelting acid

30-260

30-260

0

Hunan area

98% smelting acid

240-320

240-320

0

Jiangxi area

98% smelting acid

160-210

160-210

0

Henan area

98% smelting acid

50-130

50-130

0

Hubei area

98% smelting acid

180-250(Factory price)

180-250(Factory price)

0

Guangxi region

98% smelting acid

370-480(Factory price)

370-480(Factory price)

0

Yunnan region

98% smelting acid

490-580(Factory price)

490-580(Factory price)

0

Fujian area

98% smelting acid

330-430

330-430

0

Inner Mongolia region

98% smelting acid

270-450

270-450

0

Liaoning area

98% smelting acid

260-450

260-450

0

Sichuan area (delivery price)

98% smelting acid

400-500

350-500

-50/0

Guizhou area

98% smelting acid

280-320

280-320

0

Zhejiang area

98% smelting acid

190-250

190-250

0

Gansu region

98% smelting acid

220-340

220-340

0

mineral acid

Shandong area

98% mineral acid

150-230

150-230

0

Guangdong area

98% mineral acid

340-380

340-380

0

Hebei region

98% mineral acid

250-370

250-370

0

Sichuan region (ex-factory price)

98% mineral acid

580-680

550-680

-30/0

 

Today, China's sulfuric acid market has temporarily stabilized. As of now, the factory price of 98% of smelted acid in Guangxi is 370-480 yuan/ton, the factory price of 98% of smelted acid in Sichuan is 350-500 yuan/ton, and the factory price of 98% of ore acid is 550-680 yuan/ton; this week, due to the continued decline in downstream titanium dioxide prices in the phosphate fertilizer market in Sichuan, corporate cost pressure was greater, and the transaction price of new sulphuric acid orders weakened; At present, the supply of sulfuric acid in the market is basically relatively stable. Acid companies in some regions have been overhauled. The supply and demand of the sulfuric acid market have maintained a weak balance, and market prices have maintained a stable operation.

 

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on May 24 was 298.46, down 1.92 from yesterday, or 1%.

 


3. Future outlook forecast

The start-up of enterprises in the sulfuric acid market is basically stable and the market supply is sufficient; some demand for downstream phosphate fertilizers may pick up, but the titanium dioxide market is weak, and enterprises may have plans to reduce production in the later period. The supply and demand game in the sulfuric acid market, the market has a strong wait-and-see attitude, and prices are expected to fluctuate.