[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 24

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January 24, 2024, 4:49 PM

Analysis of sulfuric acid market price on January 24

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	January 23	January 24	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	30/100	30/100	0
	Hubei area	98% smelting acid	160-220(Factory price)	160-220(Factory price)	0
	Guangxi region	98% smelting acid	280-410(Factory price)	280-380(Factory price)	0/-30
	Yunnan region	98% smelting acid	350-430(Factory price)	330-400(Factory price)	-20/-30
	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	250-380	0/-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	80-110	80-110	0
	Guangdong area	98% mineral acid	150-200	130-200	-20/0
	Hebei region	98% mineral acid	120-240	120-240	0
	Sichuan region (ex-factory price)	98% mineral acid	400-550	400-550	0

Today, prices in some areas of China's sulfuric acid market are still weak. As of now, the factory price of 98% of smelted acid in the Yunnan market is 330-400 yuan/ton, and the factory price of 98% of smelted acid in Sichuan is 250-380 yuan/ton; Today, acid prices in Yunnan, Guangxi and Sichuan have been slightly reduced, mainly due to shrinking downstream demand, and high cost pressure on enterprises. The shipping pressure on acid plants has increased, and the price of new orders has weakened; However, due to the impact of the Spring Festival holiday in some areas, the purchasing atmosphere in the area has increased, and most quotations have remained stable.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 24 was 224.08, down 3.85 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. Due to the reduced demand for downstream phosphate fertilizer and titanium dioxide markets, acid plants in some areas have experienced pressure on shipments, and acid prices have been slightly adjusted. As the Spring Festival holiday approaches, the market stocking atmosphere is getting stronger, and sulfuric acid prices are getting stronger. Prices are firm, the sulfuric acid market is operating stably, and prices in some regions fluctuate within a narrow range.