[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on January 29

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January 29, 2024, 5:31 PM

Analysis of sulfuric acid market price on January 29

1. Market price of sulfuric acid in China

Unit: yuan/ton

Type of acid making	markets	Type of acid making	January 26	January 29	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	1-105	0/+10
	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	280-350(Factory price)	280-350(Factory price)	0
	Yunnan region	98% smelting acid	330-400(Factory price)	330-400(Factory price)	0
	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	200-350	200-350	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	80-110	80-110	0
	Guangdong area	98% mineral acid	130-200	130-200	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 basically stable. As of now, the ex-factory price of 98% of smelting acid prices in Shandong is between 1-105 yuan/ton, the price of 98% of ore acid is between 80-110 yuan/ton, and the factory price of 98% of smelting acid in Hubei is between 160-220 yuan/ton; the Spring Festival holiday is approaching, acid factories in most regions are actively reducing their inventories, and downstream markets are also stocking up one after another. Sulfuric acid companies have been signing orders recently; However, traders and terminal purchasing sentiments in some regions are still cautious, maintaining the focus on demand, and the sulfuric acid market will operate steadily in the short term.

2. Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on January 29 was 220.23, an increase of 0.38 or 0%, from yesterday.

3. Future outlook forecast

At present, the start-up of China's main acid plants has remained basically stable, the downstream phosphate fertilizer market is weak, and most of the demand is mainly maintained. The titanium dioxide market demand is good, supply and demand are basically balanced, and the price of sulfuric acid is stable; mineral acid companies are affected by the market and may have plans to reduce production, and the sulfuric acid market has not changed much in the short term.