[Sulfuric acid] Sulfuric acid market price analysis on January 12

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January 12, 2024, 5:24 PM

Analysis of sulfuric acid market price on January 12

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on January 11	on January 12	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-260	100-260	0
	Jiangsu area	98% sulfuric acid	180-350	180-350	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	10-95	10-95	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)	410-510(Factory price)	-40/0
	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

Sulfuric acid prices have been lowered at a low level in some regions. As of now, the factory price of 98% of smelted acid in Guizhou is at 250-350 yuan/ton, and the ex-factory price of 98% of smelted acid in Shandong is at 10-95 yuan/ton. Due to the continued downturn in the downstream phosphate fertilizer market, the shipping pressure of acid companies has increased, but the purchasing enthusiasm is not high, the inventory of some acid factories has increased, and the prices of new orders of enterprises have been mainly adjusted slightly; Among them, the sulfuric acid market in Shandong remains weak. Due to the fact that supply is less than demand, the inventory pressure of major acid plants is high, and the price of smelting acid and sulfuric acid has been lowered. The price of sulfuric acid in Shandong is low, and the short-term sulfuric acid market is weak and difficult to change.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 12 was 260.96, down 1.54 from yesterday, or 1%.

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.