[Sulfuric acid] Analysis of Sulfuric acid market price on January 3
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January 3, 2024, 5:23 PM Analysis of sulfuric acid market price on January 3
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
January 2 |
January 3 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
170-260 |
170-260 |
0 |
|
Jiangsu area |
98% sulfuric acid |
300-400 |
260-400 |
-40/0 |
|
|
Zhejiang area |
98% sulfuric acid |
380-480 |
380-480 |
0 |
|
|
Sichuan region (ex-factory price) |
98% sulfuric acid |
460-570 |
460-570 |
0 |
|
|
Hebei region |
98% sulfuric acid |
180-280 |
180-280 |
0 |
|
|
smelting acid |
Anhui area |
98% smelting acid |
230-280 |
130-180 |
-100/-100 |
|
Shandong area |
98% smelting acid |
40-160 |
40-140 |
0/-20 |
|
|
Hunan area |
98% smelting acid |
210-290 |
210-290 |
0 |
|
|
Jiangxi area |
98% smelting acid |
180-250 |
180-250 |
0 |
|
|
Henan area |
98% smelting acid |
50-150 |
40/130 |
-10/-20 |
|
|
Hubei area |
98% smelting acid |
250-320(Factory price) |
250-320(Factory price) |
0 |
|
|
Guangxi region |
98% smelting acid |
310-410(Factory price) |
310-410(Factory price) |
0 |
|
|
Yunnan region |
98% smelting acid |
450-510(Factory price) |
450-510(Factory price) |
0 |
|
|
Fujian area |
98% smelting acid |
170-320 |
170-320 |
0 |
|
|
Inner Mongolia region |
98% smelting acid |
200-400 |
200-400 |
0 |
|
|
Liaoning area |
98% smelting acid |
290-400 |
290-400 |
0 |
|
|
Sichuan area (delivery price) |
98% smelting acid |
380-500 |
380-500 |
0 |
|
|
Guizhou area |
98% smelting acid |
250-350 |
250-350 |
0 |
|
|
Zhejiang area |
98% smelting acid |
350-410 |
350-410 |
0 |
|
|
Gansu region |
98% smelting acid |
210-320 |
210-320 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
140-200 |
120-180 |
-20/-20 |
|
Guangdong area |
98% mineral acid |
210-260 |
210-260 |
0 |
|
|
Hebei region |
98% mineral acid |
160-250 |
160-250 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
430-550 |
430-550 |
0 |
Today, prices in some areas of China's sulfuric acid market continue to decline. As of now, the ex-factory price of 98% of the smelting acid prices in Shandong is between 40-140 yuan/ton, 98% of the ore acid prices are between 120-180 yuan/ton, and 98% of the smelting acid prices in Henan are between 40-130 yuan/ton; due to the decline in the start of the downstream phosphate fertilizer industry, demand for sulfuric acid has decreased, the market transaction atmosphere has turned empty, the inventory of some acid factories has increased, and the price of new orders of enterprises continues to decline; In addition, export demand has not been boosted, companies have high shipping pressure, market bearish sentiment is strong, and the sulfuric acid market is operating weakly.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on January 3 was 285.77, down 9.62 from yesterday, or 3%.
3. Future outlook forecast
This week, the main acid plants for early maintenance have been restored one after another, and supply will increase; due to the market downturn in the downstream phosphate fertilizer and chemical industries, demand may decrease again in the later period. Coupled with weak support in the export market, supply and demand in the sulfuric acid market are unbalanced, and market prices are stable and weak.