Domestic Sulfuric Acid Market Prices

Following the Spring Festival, the domestic sulfuric acid market has operated smoothly. Refinery-grade sulfuric acid prices in Hunan and Hubei regions increased by 30-50 RMB/ton. As of now, the delivered price for 98% refinery-grade sulfuric acid in Hubei ranges from 1,080 to 1,180 RMB/ton, while the ex-factory price for 98% refinery-grade sulfuric acid in Shandong stands at 780-1,050 RMB/ton. On the first trading day after the holiday, the sulfuric acid market exhibited a strong wait-and-see attitude overall. with downstream enterprises maintaining just-in-time procurement. Both pre- and post-holiday factors provided some support for prices, while sulfuric acid producers maintained stable shipments. Currently, inventories at sulfuric acid plants remain low. However, potential policy developments may constrain future demand. Short-term prices are expected to remain firm, with market attention focused on shifts in supply-demand dynamics. Overall, the sulfuric acid market is projected to stabilize for now.

Market Outlook

Post-holiday, the sulfuric acid market is expected to consolidate, with low inventory levels across plants supporting prices at elevated ranges. Some downstream sectors resuming operations may drive restocking demand, maintaining a tight supply-demand balance. However, potential policy restrictions on downstream fertilizer acid usage may limit upward momentum in the short term. Combined with scheduled maintenance at some domestic plants and evolving supply-demand dynamics, the sulfuric acid market is likely to maintain a stable-to-firm price trajectory amid ongoing policy and demand fluctuations.

As an integrated internet platform providing benchmark prices, On February 25, the benchmark price of SunSirs sulfuric acid was RMB 1,030.00 per ton, an increase of 6.74% compared with the beginning of the month (RMB 965.00 per ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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