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[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 24

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January 24, 2024, 4:49 PM

Analysis of sulfuric acid market price on January 24

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

January 23

January 24

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

30/100

30/100

0

Hubei area

98% smelting acid

160-220(Factory price)

160-220(Factory price)

0

Guangxi region

98% smelting acid

280-410(Factory price)

280-380(Factory price)

0/-30

Yunnan region

98% smelting acid

350-430(Factory price)

330-400(Factory price)

-20/-30

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

250-380

0/-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

80-110

80-110

0

Guangdong area

98% mineral acid

150-200

130-200

-20/0

Hebei region

98% mineral acid

120-240

120-240

0

Sichuan region (ex-factory price)

98% mineral acid

400-550

400-550

0

Today, prices in some areas of China's sulfuric acid market are still weak. As of now, the factory price of 98% of smelted acid in the Yunnan market is 330-400 yuan/ton, and the factory price of 98% of smelted acid in Sichuan is 250-380 yuan/ton; Today, acid prices in Yunnan, Guangxi and Sichuan have been slightly reduced, mainly due to shrinking downstream demand, and high cost pressure on enterprises. The shipping pressure on acid plants has increased, and the price of new orders has weakened; However, due to the impact of the Spring Festival holiday in some areas, the purchasing atmosphere in the area has increased, and most quotations have remained stable.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 24 was 224.08, down 3.85 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. Due to the reduced demand for downstream phosphate fertilizer and titanium dioxide markets, acid plants in some areas have experienced pressure on shipments, and acid prices have been slightly adjusted. As the Spring Festival holiday approaches, the market stocking atmosphere is getting stronger, and sulfuric acid prices are getting stronger. Prices are firm, the sulfuric acid market is operating stably, and prices in some regions fluctuate within a narrow range.