[Sulfuric acid] Sulfuric acid market price analysis on January 17

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January 17, 2024, 6:07 PM

Analysis of sulfuric acid market price on January 17

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	on January 16	on January 17	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-220	100-220	0
	Jiangsu area	98% sulfuric acid	150-280	150-280	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	80-130	80-130	0
	Shandong area	98% smelting acid	10-95	1-95	-9/0
	Hunan area	98% smelting acid	180-240	180-240	0
	Jiangxi area	98% smelting acid	70-140	70-140	0
	Henan area	98% smelting acid	30/130	30/130	0
	Hubei area	98% smelting acid	160-200(Factory price)	160-200(Factory price)	0
	Guangxi region	98% smelting acid	310-410(Factory price)	280-410(Factory price)	-30/0
	Yunnan region	98% smelting acid	390-470(Factory price)	390-470(Factory price)	0
	Fujian area	98% smelting acid	200-260	200-260	0
	Inner Mongolia region	98% smelting acid	160-400	200-400	+40/0
	Liaoning area	98% smelting acid	290-400	290-400	0
	Sichuan area (delivery price)	98% smelting acid	280-470	250-450	-30/-20
	Guizhou area	98% smelting acid	250-350	250-350	0
	Zhejiang area	98% smelting acid	200-240	200-240	0
	Gansu region	98% smelting acid	180-290	180-290	0
mineral acid	Shandong area	98% mineral acid	60-130	60-130	0
	Guangdong area	98% mineral acid	180-230	150-200	-30/-30
	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 market as a whole continues to be sluggish, and prices in some regions have rebounded slightly. As of now, the ex-factory price of 98% of the smelting acid price in Shandong is 1-95 yuan/ton, and the ex-factory price of 98% of ore acid in Sichuan is 430-550 yuan/ton., the factory price of smelting acid is 250-450 yuan/ton; It is difficult to increase the enthusiasm for purchasing in the downstream phosphate fertilizer and titanium dioxide markets, and the market transaction atmosphere is still relatively light. The inventory of acid factories in most regions has increased, and acid factories have a strong willingness to reduce their stocks. Sulfuric acid prices have continued to be lowered mainly, and prices in some regions still have preferential space.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 17 was 236.77, which was basically the same as yesterday.

3. Future outlook forecast

At present, the start-up of China's major acid plants has remained basically stable, and the market supply is sufficient. However, the downstream phosphate fertilizer and titanium dioxide markets are weak, and the supply and demand of the sulfuric acid market are unbalanced. In addition, as the Spring Festival holiday approaches, enterprises have reduced their storage needs. Under the influence of increased inventory pressure and falling market prices, the sulfuric acid market may start to decline in the later period.