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[Sulfuric acid] Sulfuric acid market price analysis on January 17

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January 17, 2024, 6:07 PM

Analysis of sulfuric acid market price on January 17

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on January 16

on January 17

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

1-95

-9/0

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)

280-410(Factory price)

-30/0

Yunnan region

98% smelting acid

390-470(Factory price)

390-470(Factory price)

0

Fujian area

98% smelting acid

200-260

200-260

0

Inner Mongolia region

98% smelting acid

160-400

200-400

+40/0

Liaoning area

98% smelting acid

290-400

290-400

0

Sichuan area (delivery price)

98% smelting acid

280-470

250-450

-30/-20

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

150-200

-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 as a whole continues to be sluggish, and prices in some regions have rebounded slightly. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is 1-95 yuan/ton, and the ex-factory price of 98% of ore acid in Sichuan is 430-550 yuan/ton., the factory price of smelting acid is 250-450 yuan/ton; It is difficult to increase the enthusiasm for purchasing in the downstream phosphate fertilizer and titanium dioxide markets, and the market transaction atmosphere is still relatively light. The inventory of acid factories in most regions has increased, and acid factories have a strong willingness to reduce their stocks. Sulfuric acid prices have continued to be lowered mainly, and prices in some regions still have preferential space.

 

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 17 was 236.77, which was basically the same as yesterday.

 


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.