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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 23

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January 23, 2024, 5:52 PM

Analysis of sulfuric acid market price on January 23

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

January 22

January 23

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

400-550

400-550

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

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

30/100

0/-30

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)

350-430(Factory price)

-40/-40

Fujian area

98% smelting acid

160-260

160-260

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

250-400

250-400

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

80-130

80-110

0/-20

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

400-550

400-550

0

Today, China's sulfuric acid market is generally stable, and prices in some regions have adjusted slightly. As of now, the factory price of 98% of smelting acid in the Yunnan market is 350-430 yuan/ton, and the factory price of 98% of smelting acid in Henan is 30-100 yuan/ton; The price of sulfuric acid in some areas is low, and the price of surrounding acids has fallen slightly; the demand in the downstream phosphate fertilizer market is weak and stable, and still remains dominated by just demand, and the price is weak and stable; Recently, due to the impact of news on the maintenance of major acid plants in Henan, coupled with the current low inventory of manufacturers, the company's shipments have improved slightly; prices in sulfuric acid areas have followed suit, and there is little room for cost price decline, 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 23 was 227.92, down 4.23 or 2%, from yesterday.

 


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.