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[Sulfuric acid] Sulfuric acid market price analysis on January 10

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January 10, 2024, 5:36 PM

Analysis of sulfuric acid market price on January 10

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making

markets

Type of acid making

January 9

on January 10

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

430-550

430-550

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

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

160-400

160-400

0

Liaoning area

98% smelting acid

290-400

290-400

0

Sichuan area (delivery price)

98% smelting acid

300-500

300-500

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

180-290

180-290

0

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, China's sulfuric acid prices have temporarily stabilized. As of now, the price of 98% of smelting acid in Gansu is at 180-290 yuan/ton, and the factory price of 98% of smelting acid in Guangxi is at 310-410 yuan/ton. Recently, sulfuric acid start-up has remained relatively high. However, due to weak demand from the downstream phosphate fertilizer and fluorine chemical industries, the shipping pressure of most acid companies has increased; the supply of main acid factories in Guangxi is better, so companies have little temporary pressure, and prices have been relatively firm in the near future; Although the overall inventory in the sulfuric acid market is currently not large, the sulfuric acid market may stabilize and weaken under the influence of continued weak demand.

 

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 10 was 263.46, which was the same as yesterday.

 


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.