[Sulfuric acid] Sulfuric acid market price analysis on January 12
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January 12, 2024, 5:24 PM Analysis of sulfuric acid market price on January 12
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
on January 11 |
on January 12 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
100-260 |
100-260 |
0 |
|
Jiangsu area |
98% sulfuric acid |
180-350 |
180-350 |
0 |
|
|
Zhejiang area |
98% sulfuric acid |
380-480 |
380-480 |
0 |
|
|
Sichuan region (ex-factory price) |
98% sulfuric acid |
430-550 |
430-550 |
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 |
10-95 |
10-95 |
0 |
|
|
Hunan area |
98% smelting acid |
180-240 |
180-240 |
0 |
|
|
Jiangxi area |
98% smelting acid |
130-200 |
130-200 |
0 |
|
|
Henan area |
98% smelting acid |
30/130 |
30/130 |
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) |
410-510(Factory price) |
-40/0 |
|
|
Fujian area |
98% smelting acid |
170-320 |
170-320 |
0 |
|
|
Inner Mongolia region |
98% smelting acid |
160-400 |
160-400 |
0 |
|
|
Liaoning area |
98% smelting acid |
290-400 |
290-400 |
0 |
|
|
Sichuan area (delivery price) |
98% smelting acid |
300-500 |
300-500 |
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 |
180-290 |
180-290 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
80-130 |
80-130 |
0 |
|
Guangdong area |
98% mineral acid |
180-230 |
180-230 |
0 |
|
|
Hebei region |
98% mineral acid |
120-240 |
120-240 |
0 |
|
|
Sichuan region (ex-factory price) |
98% mineral acid |
430-550 |
430-550 |
0 |
Sulfuric acid prices have been lowered at a low level in some regions. As of now, the factory price of 98% of smelted acid in Guizhou is at 250-350 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is at 10-95 yuan/ton. Due to the continued downturn in the downstream phosphate fertilizer market, the shipping pressure of acid companies has increased, but the purchasing enthusiasm is not high, the inventory of some acid factories has increased, and the prices of new orders of enterprises have been mainly adjusted slightly; Among them, the sulfuric acid market in Shandong remains weak. Due to the fact that supply is less than demand, the inventory pressure of major acid plants is high, and the price of smelting acid and sulfuric acid has been lowered. The price of sulfuric acid in Shandong is low, and the short-term sulfuric acid market is weak and difficult to change.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on January 12 was 260.96, down 1.54 from yesterday, 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.