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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 19

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January 22, 2024, 5:49 PM

Analysis of sulfuric acid market price on January 19

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

on January 18

on January 19

rise and fall

sulfuric acid

Shandong area

98% sulfuric acid

100-220

100-220

0

Jiangsu area

98% sulfuric acid

140-280

140-280

0

Zhejiang area

98% sulfuric acid

380-480

380-480

0

Sichuan region (ex-factory price)

98% sulfuric acid

430-550

400-550

-30/0

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

1-95

1-95

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

160-220(Factory price)

160-220(Factory price)

0

Guangxi region

98% smelting acid

280-410(Factory price)

280-410(Factory price)

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

200-400

200-400

0

Liaoning area

98% smelting acid

290-400

290-400

0

Sichuan area (delivery price)

98% smelting acid

250-450

250-400

0/-50

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

80-130

+20/0

Guangdong area

98% mineral acid

150-200

150-200

0

Hebei region

98% mineral acid

120-240

120-240

0

Sichuan region (ex-factory price)

98% mineral acid

430-550

400-550

-30/0

Today, China's sulfuric acid market is operating weakly and steadily. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is between 1-95 yuan/ton, the ex-factory price of 98% of ore acid in Shandong is between 80-130 yuan/ton, and 98% of ore acid in Hubei is between 160-220 yuan/ton; the price in Shandong has dropped to a low level in the early stage. With the increase in stocking demand, shipments in Shandong have improved, and acid factories have removed more inventories. Today, the price of ore acid has increased by 20 yuan/ton; At present, the price of sulfuric acid is at a low level, but the demand for phosphate fertilizer in most downstream areas is weak, and the supply and demand in the sulfuric acid market have both declined. As transactions in some regions improve, the price of new orders in the sulfuric acid market has also remained firm.

 

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 19 was 233.69, down 1.92 from yesterday, or 1%.

 


3. Future outlook forecast

At present, the start-up of China's main 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, the Spring Festival holiday is approaching, the downstream stock demand is gradually increasing, the market transaction atmosphere is improving, and the sulfuric acid price quotation is firm. The market may stop falling and stabilize.