[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 5

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January 5, 2024, 5:24 PM

Analysis of sulfuric acid market price on January 5

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	January 4	on January 5,2021	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	170-260	150-260	-20/0
	Jiangsu area	98% sulfuric acid	260-400	260-350	0/-50
	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	160-260	160-260	0
smelting acid	Anhui area	98% smelting acid	130-180	130-180	0
	Shandong area	98% smelting acid	40-120	10-120	-30/0
	Hunan area	98% smelting acid	210-290	210-290	0
	Jiangxi area	98% smelting acid	130-200	130-200	0
	Henan area	98% smelting acid	40/130	40/130	0
	Hubei area	98% smelting acid	200-250(Factory price)	200-250(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	270-310	270-310	0
	Gansu region	98% smelting acid	210-320	210-320	0
mineral acid	Shandong area	98% mineral acid	120-180	90-150	-30/-30
	Guangdong area	98% mineral acid	210-260	210-260	0
	Hebei region	98% mineral acid	120-240	120-240	0
	Sichuan region (ex-factory price)	98% mineral acid	430-550	430-550	0

Today, prices in some areas of China's sulfuric acid market are still falling. As of now, the factory price of 98% of smelting acid in Shandong is between 10-120 yuan/ton, and the price of 98% of ore acid is between 90-150 yuan/ton; 98% of the factory price of sulfuric acid in Jiangsu is between 260-350 yuan/ton; demand in the downstream market is weak, and there is pressure on acid companies to ship. Coupled with the fall in sulfur prices, acid companies are under greater pressure. Enterprises are actively shipping and have preferential prices; The sulfuric acid market overall declined, and prices in some regions followed suit. However, the sulfuric acid market was weak and difficult to change, and prices continued to decline mainly.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 5 was 272.31, down 1.15 from yesterday, or 0%.

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. Coupled with weak support in the export market, supply and demand in the sulfuric acid market are unbalanced, and market prices are stable and weak.