[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 8
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January 8, 2024, 5:25 PM Analysis of sulfuric acid market price on January 8
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
on January 5,2021 |
January 8 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
150-260 |
100-260 |
-50/0 |
|
Jiangsu area |
98% sulfuric acid |
260-350 |
220-350 |
-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 |
160-260 |
160-260 |
0 |
|
|
smelting acid |
Anhui area |
98% smelting acid |
130-180 |
130-180 |
0 |
|
Shandong area |
98% smelting acid |
10-120 |
10-120 |
0 |
|
|
Hunan area |
98% smelting acid |
210-290 |
180-240 |
-30/-50 |
|
|
Jiangxi area |
98% smelting acid |
130-200 |
130-200 |
0 |
|
|
Henan area |
98% smelting acid |
40/130 |
30/130 |
-10/0 |
|
|
Hubei area |
98% smelting acid |
200-250(Factory price) |
200-250(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 |
270-310 |
270-310 |
0 |
|
|
Gansu region |
98% smelting acid |
210-320 |
210-320 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
90-150 |
80-130 |
-10/-20 |
|
Guangdong area |
98% mineral acid |
210-260 |
180-230 |
-30/-30 |
|
|
Hebei region |
98% mineral acid |
120-240 |
120-240 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
430-550 |
430-550 |
0 |
Today, China's sulfuric acid market is still weak. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is between 10-120 yuan/ton, and the ex-factory price of 98% of the smelting acid in Hunan is between 100-230 yuan/ton. Recently, the sulfuric acid market has been on a downward trend. Under high supply and low demand, the market has been on a downward trend. Last week, sulfuric acid prices in most regions mainly declined. Today, prices in some regions will decline again, and the market transaction atmosphere is light; The sulfuric acid market has a strong wait-and-see attitude, coupled with the weakening of the downstream phosphate fertilizer market, sulfuric acid shipments are under pressure, and price adjustments in some regions are the main focus.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on January 8 was 268.85, down 3.46 from the previous working day, or 1%.
3. Future outlook forecast
This week, new sulfuric acid production capacity was released in Henan, and the market sulfuric acid resources were relatively sufficient. However, the downstream market operation weakened, and the start-up showed a downward trend. Demand for sulfuric acid decreased. Market supply and demand were gradually unbalanced. The inventory of acid plants increased, and market prices continued to decrease. In the later period, there are further downward expectations for acid prices in some regions.