[Sulfuric acid] Sulfuric acid market price analysis on January 15
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January 15, 2024, 5:12 PM Analysis of sulfuric acid market price on January 15
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
on January 12 |
on January 15 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
100-260 |
100-220 |
0/-40 |
|
Jiangsu area |
98% sulfuric acid |
180-350 |
150-280 |
-30/-70 |
|
|
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 |
80-130 |
-50/-50 |
|
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 |
70-140 |
-60/-60 |
|
|
Henan area |
98% smelting acid |
30/130 |
30/130 |
0 |
|
|
Hubei area |
98% smelting acid |
200-250(Factory price) |
160-200(Factory price) |
-40/-50 |
|
|
Guangxi region |
98% smelting acid |
310-410(Factory price) |
310-410(Factory price) |
0 |
|
|
Yunnan region |
98% smelting acid |
410-510(Factory price) |
410-510(Factory price) |
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 |
280-470 |
-20/-30 |
|
|
Guizhou area |
98% smelting acid |
250-350 |
250-350 |
0 |
|
|
Zhejiang area |
98% smelting acid |
270-310 |
200-240 |
-70/-70 |
|
|
Gansu region |
98% smelting acid |
180-290 |
180-290 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
80-130 |
60-130 |
-20/0 |
|
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 |
Today, prices in some areas of China's sulfuric acid market are low and downward. As of now, the ex-factory price of smelted acid in Zhejiang is 200-240 yuan/ton, 98% of smelted acid in Shandong is 10-95 yuan/ton, and 98% of smelted acid in Sichuan. The factory price is 280-470 yuan/ton; Due to the weakness of the downstream market and insufficient support for sulfuric acid market demand, some companies are under pressure to ship. Coupled with the approaching Spring Festival holiday, the demand for storage and storage of acid plants has dropped. Today, the prices of new orders in most regions such as Sichuan, Anhui, and Zhejiang have been lowered; although raw material sulfur prices are firm and acid companies are under high cost pressure, the price of smelting acid continues to fall, the pressure on sulfuric acid shipments is also great, and the sulfuric acid market remains weak.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on January 15 was 242.5, down 18.46 from the previous working day, or 7%.
3. Future outlook forecast
At present, the start-up of China's major acid plants has remained basically stable, and the market supply is sufficient. However, the downstream phosphate fertilizer and titanium dioxide markets are weak, and the supply and demand of the sulfuric acid market are unbalanced. In addition, as the Spring Festival holiday approaches, enterprises have reduced their storage needs. Under the influence of increased inventory pressure and falling market prices, the sulfuric acid market may start to decline in the later period.