[Sulfuric acid] Sulfuric acid market price analysis on January 16
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January 16, 2024, 5:38 PM Analysis of sulfuric acid market price on January 16
1. Analysis of China's sulfuric acid market price
Unit: yuan/ton
|
Type of acid making |
markets |
Type of acid making |
on January 15 |
on January 16 |
rise and fall |
|
sulfuric acid |
Shandong area |
98% sulfuric acid |
100-220 |
100-220 |
0 |
|
Jiangsu area |
98% sulfuric acid |
150-280 |
150-280 |
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 |
80-130 |
80-130 |
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 |
70-140 |
70-140 |
0 |
|
|
Henan area |
98% smelting acid |
30/130 |
30/130 |
0 |
|
|
Hubei area |
98% smelting acid |
160-200(Factory price) |
160-200(Factory price) |
0 |
|
|
Guangxi region |
98% smelting acid |
310-410(Factory price) |
310-410(Factory price) |
0 |
|
|
Yunnan region |
98% smelting acid |
410-510(Factory price) |
390-470(Factory price) |
-20/-40 |
|
|
Fujian area |
98% smelting acid |
220-340 |
200-260 |
-20/-80 |
|
|
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 |
280-470 |
280-470 |
0 |
|
|
Guizhou area |
98% smelting acid |
250-350 |
250-350 |
0 |
|
|
Zhejiang area |
98% smelting acid |
200-240 |
200-240 |
0 |
|
|
Gansu region |
98% smelting acid |
180-290 |
180-290 |
0 |
|
|
mineral acid |
Shandong area |
98% mineral acid |
60-130 |
60-130 |
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 |
Today, China's sulfuric acid market is operating weakly and steadily. As of now, the ex-factory price of 98% of smelting acid in Liaoning is 290-400 yuan/ton, the ex-factory price of 98% of ore acid in Jilin is 380-680 yuan/ton, and the factory price of 98% of smelting acid in Yunnan is 390-470 yuan/ton; the downstream market is weak, and the supply of sulfuric acid is relatively sufficient, and the market supply and demand relationship is unbalanced. Today, prices in some regions have been reduced slightly; Acid prices in the north have basically remained stable, and companies have just needed to purchase. The pressure on shipment of acid plants is not great for the time being. However, the overall operation of China's sulfuric acid market has been weak, and the market has a strong wait-and-see attitude.
2. Analysis of sulfuric acid price index
According to Tuduo data, the sulfuric acid market price index on January 16 was 236.35, down 6.15 from yesterday, or 3%.
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.