[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 9

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January 9, 2024, 5:32 PM

Analysis of sulfuric acid market price on January 9

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	January 8	January 9	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-260	100-260	0
	Jiangsu area	98% sulfuric acid	220-350	220-350	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	460-570	430-550	-30/-20
	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	10-120	10-120	0
	Hunan area	98% smelting acid	180-240	180-240	0
	Jiangxi area	98% smelting acid	130-200	130-200	0
	Henan area	98% smelting acid	30/130	30/130	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	160-400	-40/0
	Liaoning area	98% smelting acid	290-400	290-400	0
	Sichuan area (delivery price)	98% smelting acid	380-500	300-500	-80/0
	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	180-290	-30/-30
mineral acid	Shandong area	98% mineral acid	80-130	80-130	0
	Guangdong area	98% mineral acid	180-230	180-230	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, the price of sulfuric acid in some regions in China continues to fall. As of now, the factory price of 98% of smelting acid in Sichuan is 300-500 yuan/ton, the factory price of 98% of ore acid is 430-550 yuan/ton, and the factory price of 98% of smelting acid in Inner Mongolia is 160-280 yuan/ton; recently, demand for sulphuric acid in southwest China has declined, the downstream phosphate fertilizer market has weakened, and the pressure for high-priced sulphuric acid shipments is greater, and the prices of some new orders in the region have been slightly lowered; The sulfuric acid market in some areas of Inner Mongolia has weakened, mainly in Baotou and Bayannur areas. Due to weak transactions in downstream industries, increased corporate inventories, and the inflow of low-cost goods, the reduction in new orders has been more obvious, and the acid price has been weak.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 9 was 263.46, down 5.38 from yesterday, or 2%.

3. Future outlook forecast

This week, new sulfuric acid production capacity was released in Henan, and the market sulfuric acid resources were relatively sufficient. However, the downstream market operation weakened, and the start-up showed a downward trend. Demand for sulfuric acid decreased. Market supply and demand were gradually unbalanced. The inventory of acid plants increased, and market prices continued to decrease. In the later period, there are further downward expectations for acid prices in some regions.