[Sulfuric acid] Market price analysis of sulfuric acid on December 25

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December 25, 2023, 5:17 PM

Analysis of sulfuric acid market price on December 25

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	December 22	December 25	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	180-300	180-300	0
	Jiangsu area	98% sulfuric acid	300-400	300-400	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	460-570	460-570	0
	Hebei region	98% sulfuric acid	180-280	180-280	0
smelting acid	Anhui area	98% smelting acid	230-280	230-280	0
	Shandong area	98% smelting acid	60-200	60-160	0/-40
	Hunan area	98% smelting acid	260-340	260-340	0
	Jiangxi area	98% smelting acid	180-250	180-250	0
	Henan area	98% smelting acid	70-150	50-150	-20/0
	Hubei area	98% smelting acid	280-350(Factory price)	250-320(Factory price)	-30/-30
	Guangxi region	98% smelting acid	310-410(Factory price)	310-410(Factory price)	0
	Yunnan region	98% smelting acid	450-510(Factory price)	450-510(Factory price)	0
	Fujian area	98% smelting acid	170-320	170-320	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	380-500	380-500	0
	Guizhou area	98% smelting acid	250-350	250-350	0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	210-320	210-320	0
mineral acid	Shandong area	98% mineral acid	160-230	160-230	0
	Guangdong area	98% mineral acid	230-280	230-280	0
	Hebei region	98% mineral acid	160-250	160-250	0
	Sichuan region (ex-factory price)	98% mineral acid	430-550	430-550	0

Today, China's sulfuric acid market has adjusted within a narrow range. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is at 60-160 yuan/ton, and the factory price of 98% of the smelting acid price in Hubei is at 250-320 yuan/ton; Recently, due to the impact of road transportation in Shandong, the downstream signing situation has weakened, manufacturers have had a high shipping pressure, the inventory of some companies has increased significantly, and the price of new sulfuric acid orders has been lowered; Due to the weakening of the downstream phosphate fertilizer market in Hubei, the industry has maintenance plans, the demand for sulfuric acid has decreased, the supply and demand relationship in the region has become unbalanced, and the price of sulfuric acid has been adjusted within a narrow range. At present, the overall price of the sulfuric acid market has not fluctuated much, and the market has a strong wait-and-see mood.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on December 25 was 300.0, down 4.61 from the previous working day, a decrease of 2%.

3. Future outlook forecast

The acid plants under maintenance in the early stage have basically returned to normal, and China's supply is expected to increase; the signing of new orders in the downstream fertilizer market has weakened, and the enthusiasm of enterprises for purchasing has also declined. The supply and demand of the sulfuric acid market may be unbalanced in the later period; transportation in some areas in the north is still limited, freight prices have increased, acid prices have declined in some areas, acid prices in other areas have temporarily stabilized, and the market has temporarily stayed on the sidelines.