[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 23

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January 23, 2024, 5:52 PM

Analysis of sulfuric acid market price on January 23

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	January 22	January 23	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	100-220	100-220	0
	Jiangsu area	98% sulfuric acid	140-280	140-280	0
	Zhejiang area	98% sulfuric acid	380-480	380-480	0
	Sichuan region (ex-factory price)	98% sulfuric acid	400-550	400-550	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	1-95	1-95	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	30/100	0/-30
	Hubei area	98% smelting acid	160-220(Factory price)	160-220(Factory price)	0
	Guangxi region	98% smelting acid	280-410(Factory price)	280-410(Factory price)	0
	Yunnan region	98% smelting acid	390-470(Factory price)	350-430(Factory price)	-40/-40
	Fujian area	98% smelting acid	160-260	160-260	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	250-400	250-400	0
	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	80-130	80-110	0/-20
	Guangdong area	98% mineral acid	150-200	150-200	0
	Hebei region	98% mineral acid	120-240	120-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	400-550	0

Today, China's sulfuric acid market is generally stable, and prices in some regions have adjusted slightly. As of now, the factory price of 98% of smelting acid in the Yunnan market is 350-430 yuan/ton, and the factory price of 98% of smelting acid in Henan is 30-100 yuan/ton; The price of sulfuric acid in some areas is low, and the price of surrounding acids has fallen slightly; the demand in the downstream phosphate fertilizer market is weak and stable, and still remains dominated by just demand, and the price is weak and stable; Recently, due to the impact of news on the maintenance of major acid plants in Henan, coupled with the current low inventory of manufacturers, the company's shipments have improved slightly; prices in sulfuric acid areas have followed suit, and there is little room for cost price decline, and the market has a strong wait-and-see attitude.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 23 was 227.92, down 4.23 or 2%, from yesterday.

3. Future outlook forecast

At present, the start-up of China's main 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, the Spring Festival holiday is approaching, the downstream stock demand is gradually increasing, the market transaction atmosphere is improving, and the sulfuric acid price quotation is firm. The market may stop falling and stabilize.