[Sulfuric acid] Analysis of Sulfuric acid market price on January 2

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January 2, 2024, 5:51 PM

Analysis of sulfuric acid market price on January 2

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	December 28	January 2	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	180-260	170-260	-10/0
	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	60-160	40-160	-20/0
	Hunan area	98% smelting acid	260-340	210-290	-50/-50
	Jiangxi area	98% smelting acid	180-250	180-250	0
	Henan area	98% smelting acid	50-150	50-150	0
	Hubei area	98% smelting acid	250-320(Factory price)	250-320(Factory price)	0
	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	140-220	140-200	0/-20
	Guangdong area	98% mineral acid	210-260	210-260	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, prices in some regions of China's sulfuric acid market have been reduced within a narrow range. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is between 60 - 160 yuan/ton; the price of 98% of the sulfuric acid price is between 170 - 260 yuan/ton; 98% of the smelting acid price in Hunan is between 210 - 290 yuan/ton; Recently, due to the downturn in the sulfuric acid export market in Shandong, corporate export orders have decreased, China's demand has declined, insufficient support for sulfuric acid, and the price of new orders has been adjusted to a weak degree; The transaction atmosphere in the sulfuric acid zone in Hunan and Hubei is deadlocked, mainly due to the decline in demand in the downstream phosphate fertilizer industry, while the supply is relatively sufficient, and the supply and demand of sulfuric acid are game; China's overall sulfuric acid market is relatively stable, prices in some regions have been adjusted, and the sulfuric acid 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 2 was 295.38, down 4.62 from the previous working day, or 2%.

3. Future outlook forecast

This week, the main acid plants for early maintenance have been restored one after another, and supply will increase; due to the market downturn in the downstream phosphate fertilizer and chemical industries, demand may decrease again in the later period, the supply of sulfuric acid in the market may be excessive, and regional prices are expected to fluctuate.